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
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACCENTURE PLC IRELAND SHS CLASS A G1151C101   149,445 500 SH   DFND 2 0 500 0
ADVANCED DRAIN SYS INC DEL COM 00790R104   33,838,101 294,603 SH   DFND 1,2 0 294,603 0
ADVANCED ENERGY INDS COM 007973100   49,454,962 373,245 SH   DFND 1,2 0 373,245 0
AFYA LTD CL A COM G01125106   34,851,361 1,951,364 SH   DFND 1,2 0 1,887,899 0
AGILENT TECHNOLOGIES INC COM 00846U101   4,888,328 41,423 SH   DFND 2 0 41,423 0
AGILYSYS INC COM 00847J105   10,754,264 93,809 SH   DFND 1,2 0 72,349 21,460
AGNICO EAGLE MINES LTD COM 008474108   2,552,951 21,466 SH   DFND 2 0 21,466 0
AGREE RLTY CORP COM 008492100   4,721,722 64,628 SH   DFND 1,2 0 64,628 0
AIRBNB INC COM CL A 009066101   65,971,358 498,499 SH   DFND 1,2 0 498,499 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   11,330,716 156,006 SH   DFND 1,2 0 156,006 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   107,514,381 948,015 SH   DFND 1,2 0 948,015 0
ALKAMI TECHNOLOGY INC COM 01644J108   40,100,788 1,330,484 SH   DFND 1,2 0 1,330,484 0
ALPHABET INC CAP STK CL A 02079K305   22,739,486 129,033 SH   DFND 1,2 0 129,033 0
ALPHABET INC CAP STK CL C 02079K107   20,779,287 117,139 SH   DFND 1,2 0 117,139 0
AMAZON COM INC COM 023135106   236,574,819 1,078,330 SH   DFND 1,2 0 1,058,223 0
AMERICAN HEALTHCARE REIT INC COM SHS 398182303   7,353,291 200,144 SH   DFND 1,2 0 200,144 0
AMERICAN HOMES 4 RENT CL A 02665T306   37,542,810 1,040,832 SH   DFND 1,2 0 1,040,832 0
AMERICAN TOWER CORP COM 03027X100   125,487,862 567,767 SH   DFND 1,2 0 567,767 0
AMPHENOL CORP CL A 032095101   186,541,712 1,889,030 SH   DFND 1,2 0 1,889,030 0
ANSYS INC COM 03662Q105   68,330,553 194,552 SH   DFND 1,2 0 194,552 0
APOLLO GLOBAL MGMT INC COM 03769M106   18,135,242 127,830 SH   DFND 2 0 127,830 0
APPLE INC COM 037833100   2,558,675 12,471 SH   DFND 2 0 12,471 0
ARCELLX INC COMMON STOCK 03940C100   34,110,893 518,009 SH   DFND 1,2 0 518,009 0
ARCH CAP GROUP LTD ORD G0450A105   1,796,164,291 19,727,230 SH   DFND 1,2 0 19,452,450 274,780
ARGENX SE SPONSORED ADR 04016X101   99,623,644 180,733 SH   DFND 1,2 0 175,105 0
ARS PHARMACEUTICALS INC COM 82835W108   698,000 40,000 SH   DFND 2 0 40,000 0
ASGN INC COM 00191U102   72,232,732 1,446,680 SH   DFND 1,2 0 1,446,680 0
ASML HOLDING N V N Y REGISTRY SHS N07059210   24,831,069 30,985 SH   DFND 1,2 0 28,341 0
ASTRAZENECA PLC SPONSORED ADR 046353108   8,945,199 128,008 SH   DFND 2 0 128,008 0
ATEGRITY SPECIALTY IN CO HO COM 04681Y103   13,820,790 642,230 SH   DFND 1,2 0 642,230 0
ATLASSIAN CORPORATION CL A 049468101   38,946,569 191,770 SH   DFND 1,2 0 191,770 0
AVIENT CORPORATION COM 05368V106   32,310,000 1,000,000 SH   DFND 2 0 1,000,000 0
AXON ENTERPRISE INC COM 05464C101   47,464,972 57,329 SH   DFND 1,2 0 57,329 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   728,800 1 SH   DFND   1 0 0
BILL HOLDINGS INC COM 090043100   2,751,406 59,477 SH   DFND 2 0 54,790 0
BIONTECH SE SPONSORED ADS 09075V102   561,736 5,276 SH   DFND 1,2 0 5,276 0
BIO-TECHNE CORP COM 09073M104   143,810,313 2,795,147 SH   DFND 1,2 0 2,675,147 120,000
BIRKENSTOCK HOLDING PLC COM SHS M2029K104   220,198,680 4,477,403 SH   DFND 1,2 0 4,477,403 0
BLACKROCK INC COM 09290D101   1,154,175 1,100 SH   DFND 2 0 1,100 0
BLACKSTONE INC COM 09260D107   85,856,676 573,985 SH   DFND 1,2 0 573,985 0
BLACKSTONE MTG TR INC COM CL A 09257W100   30,696,300 1,594,613 SH   DFND 1,2 0 1,594,613 0
BLOCK INC CL A 852234103   32,768,481 482,386 SH   DFND 1,2 0 458,280 0
BOOZ ALLEN HAMILTON HLDG COR CL A 099502106   32,778,770 314,787 SH   DFND 1,2 0 314,787 0
BOSTON SCIENTIFIC CORP COM 101137107   8,592,800 80,000 SH   DFND 2 0 80,000 0
BOYD GAMING CORP COM 103304101   6,234,931 79,700 SH   DFND 1 0 79,700 0
BRIGHT HORIZONS FAM SOL IN D COM 109194100   153,396,695 1,241,174 SH   DFND 1,2 0 1,199,774 41,400
BROADCOM INC COM 11135F101   146,076,583 529,935 SH   DFND 1,2 0 529,935 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105   58,694,369 1,061,765 SH   DFND 1,2 0 1,061,765 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   155,248,139 2,510,075 SH   DFND 1,2 0 2,510,075 0
BUILDERS FIRSTSOURCE INC COM 12008R107   6,673,384 57,189 SH   DFND 1,2 0 57,189 0
BXP INC COM 101121101   38,580,021 571,810 SH   DFND 1,2 0 571,810 0
CAREDX INC COM 14167L103   47,592,738 2,435,657 SH   DFND 1,2 0 2,435,657 0
CARLYLE GROUP INC COM 14316J108   76,729,149 1,492,785 SH   DFND 1,2 0 1,416,069 76,716
CARMAX INC COM 143130102   730,909 10,875 SH   DFND 1 0 10,875 0
CBRE GROUP INC CL A 12504L109   196,424,840 1,401,833 SH   DFND 1,2 0 1,401,833 0
CDW CORP COM 12514G108   46,787,723 261,984 SH   DFND 1,2 0 261,984 0
CHART INDS INC COM 16115Q308   145,765,633 885,306 SH   DFND 1,2 0 885,306 0
CHEESECAKE FACTORY INC COM 163072101   93,990,000 1,500,000 SH   DFND 2 0 1,500,000 0
CHOICE HOTELS INTL INC COM 169905106   633,213,926 4,990,652 SH   DFND 1,2 20,000 4,820,104 150,548
CI&T INC COM CL A G21307106   101,490 17,000 SH   DFND 2 0 17,000 0
CLEARWATER ANALYTICS HLDGS I CL A 185123106   133,657,100 6,094,715 SH   DFND 1,2 0 5,878,082 216,633
CLOUDFLARE INC CL A COM 18915M107   99,182,608 506,473 SH   DFND 1,2 0 484,089 0
CME GROUP INC COM 12572Q105   13,348,001 48,429 SH   DFND 2 0 48,429 0
CODERE ONLINE LUXEMBOURG S A ORDINARY SHARES L18268109   29,742,881 3,503,284 SH   DFND 2 0 3,503,284 0
COGNEX CORP COM 192422103   60,268,000 1,900,000 SH   DFND 2 0 1,900,000 0
COHEN & STEERS INC COM 19247A100   145,297,330 1,928,299 SH   DFND 1,2 0 1,846,882 81,417
COHERENT CORP COM 19247G107   820,910 9,202 SH   DFND 2 0 9,202 0
COMMUNITY HEALTH SYS INC COM 203668108   340 100 SH   DFND 1 0 100 0
CONFLUENT INC CLASS A COM 20717M103   4,113,450 165,000 SH   DFND 2 0 165,000 0
COOPER COS INC COM 216648501   63,293,547 889,454 SH   DFND 1,2 0 889,454 0
COSTAR GROUP INC COM 22160N109   1,582,266,774 19,679,935 SH   DFND 1,2 0 19,344,935 335,000
COSTCO WHSL CORP COM 22160K105   6,285,129 6,349 SH   DFND 2 0 6,349 0
COUPANG INC CL A 22266T109   140,343,126 4,684,350 SH   DFND 1,2 0 4,522,598 0
CREDICORP LTD COM G2519Y108   84,654,177 378,732 SH   DFND 1,2 0 378,732 0
CRH PLC ORD G25508105   75,658,347 824,165 SH   DFND 1,2 0 824,165 0
CROWDSTRIKE HLDGS INC CL A 22788C105   26,400,593 51,836 SH   DFND 1,2 0 49,172 0
CYBERARK SOFTWARE LTD SHS M2682V108   100,947,335 248,101 SH   DFND 1,2 0 248,101 0
D R HORTON INC COM 23331A109   25,744,679 199,695 SH   DFND 1,2 0 199,695 0
DANAHER CORPORATION COM 235851102   14,644,825 74,136 SH   DFND 2 0 74,136 0
DATADOG INC CL A COM 23804L103   83,047,239 618,233 SH   DFND 1,2 0 599,526 0
DAYFORCE INC COM 15677J108   134,624,952 2,430,492 SH   DFND 1,2 0 2,430,492 0
DEUTSCHE BANK A G NAMEN AKT D18190898   6,330,746 216,214 SH   DFND 2 0 216,214 0
DEXCOM INC COM 252131107   29,023,925 332,500 SH   DFND 2 0 332,500 0
DIGITAL RLTY TR INC COM 253868103   57,330,164 328,860 SH   DFND 1,2 0 328,860 0
DOUGLAS EMMETT INC COM 25960P109   26,311,593 1,749,441 SH   DFND 1,2 0 1,749,441 0
DOXIMITY INC CL A 26622P107   920,100 15,000 SH   DFND 2 0 15,000 0
DRAFTKINGS INC COM CL A 26142V105   157,426,029 3,670,460 SH   DFND 1,2 0 3,670,460 0
DRIVEN BRANDS HLDGS INC COM 26210V102   87,800,000 5,000,000 SH   DFND 2 0 5,000,000 0
DUOLINGO INC CL A COM 26603R106   30,611,683 74,659 SH   DFND 1,2 0 74,659 0
DYNATRACE INC COM 268150109   54,604,236 989,028 SH   DFND 1,2 0 989,028 0
EASTGROUP PPTYS INC COM 277276101   14,391,372 86,114 SH   DFND 1,2 0 86,114 0
EDWARDS LIFESCIENCES CORP COM 28176E108   2,214,985 28,321 SH   DFND 1,2 0 28,321 0
ELI LILLY & CO COM 532457108   76,892,060 98,639 SH   DFND 1,2 0 98,639 0
ELME COMMUNITIES SH BEN INT 939653101   3,767,902 236,975 SH   DFND 1,2 0 236,975 0
ENCOMPASS HEALTH CORP COM 29261A100   2,146,025 17,500 SH   DFND 2 0 17,500 0
ENDAVA PLC ADS 29260V105   9,942,420 648,983 SH   DFND 2 0 581,446 0
ENERPAC TOOL GROUP CORP CL A COM 292765104   17,064,525 420,723 SH   DFND 1,2 0 420,723 0
ENPRO INC COM 29355X107   54,999,368 287,128 SH   DFND 1,2 0 272,493 14,635
EQUIFAX INC COM 294429105   855,921 3,300 SH   DFND 2 0 3,300 0
EQUINIX INC COM 29444U700   153,062,746 192,418 SH   DFND 1,2 0 192,418 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   39,017,859 578,128 SH   DFND 1,2 0 578,128 0
ESSENT GROUP LTD COM G3198U102   870,504 14,334 SH   DFND 1 0 14,334 0
ESTABLISHMENT LABS HLDGS INC COM G31249108   38,760,905 907,537 SH   DFND 1,2 0 907,537 0
EXACT SCIENCES CORP COM 30063P105   98,911,661 1,861,341 SH   DFND 1,2 0 1,861,341 0
EXPONENT INC COM 30214U102   37,447,566 501,239 SH   DFND 1,2 0 471,212 30,027
FACTSET RESH SYS INC COM 303075105   998,291,388 2,231,916 SH   DFND 1,2 0 2,197,178 34,738
FAIR ISAAC CORP COM 303250104   147,900,244 80,910 SH   DFND 1,2 0 80,910 0
FIGS INC CL A 30260D103   338,255,655 59,974,407 SH   DFND 1,2 27,833,825 30,914,476 1,226,106
FIRST ADVANTAGE CORP COM 31846B108   62,287,500 3,750,000 SH   DFND 2 0 3,750,000 0
FISERV INC COM 337738108   862,050 5,000 SH   DFND 2 0 5,000 0
FIVERR INTL LTD ORD SHS M4R82T106   11,483,399 391,524 SH   DFND 2 0 348,827 0
FLOOR & DECOR HLDGS INC CL A 339750101   81,574,356 1,073,912 SH   DFND 1,2 0 1,073,912 0
FRESHPET INC COM 358039105   2,621,625 38,576 SH   DFND 2 0 38,576 0
FULL TRUCK ALLIANCE CO LTD SPONSORED ADS 35969L108   94,487,157 8,000,606 SH   DFND 1,2 0 8,000,606 0
GAMING & LEISURE PPTYS INC COM 36467J108   343,835,777 7,365,805 SH   DFND 1,2 0 7,281,718 84,087
GARTNER INC COM 366651107   1,476,519,051 3,652,761 SH   DFND 1,2 0 3,573,489 79,272
GCM GROSVENOR INC COM CL A 36831E108   25,432,000 2,200,000 SH   DFND 2 0 2,200,000 0
GDS HLDGS LTD SPONSORED ADS 36165L108   96,414,968 3,153,908 SH   DFND 1,2 0 3,074,976 0
GILEAD SCIENCES INC COM 375558103   2,051,095 18,500 SH   DFND 2 0 18,500 0
GITLAB INC CLASS A COM 37637K108   62,542,895 1,386,453 SH   DFND 1,2 0 1,386,453 0
GLOBANT S A COM L44385109   7,345,867 80,866 SH   DFND 2 0 73,670 0
GOLD FIELDS LTD SPONSORED ADR 38059T106   13,309,617 562,299 SH   DFND 1,2 0 562,299 0
GOLDMAN SACHS GROUP INC COM 38141G104   566,200 800 SH   DFND   800 0 0
GRAIL INC COM 384747101   396,602 7,713 SH   DFND 1,2 0 6,752 0
GRID DYNAMICS HLDGS INC CL A 39813G109   34,650,000 3,000,000 SH   DFND 2 0 3,000,000 0
GUIDEWIRE SOFTWARE INC COM 40171V100   1,316,052,484 5,589,520 SH   DFND 1,2 0 5,499,977 89,543
HDFC BANK LTD SPONSORED ADS 40415F101   4,109,129 53,595 SH   DFND 2 0 23,045 0
HEALTHEQUITY INC COM 42226A107   81,712,800 780,000 SH   DFND 2 0 780,000 0
HEICO CORP COM 422806109   53,278,024 162,433 SH   DFND 1,2 0 162,433 0
HEICO CORP CL A 422806208   101,427,930 391,992 SH   DFND 1,2 0 391,992 0
HENRY JACK & ASSOC INC COM 426281101   1,081,020 6,000 SH   DFND 2 0 6,000 0
HILTON GRAND VACATIONS INC COM 43283X105   4,576,606 110,200 SH   DFND 1 0 110,200 0
HILTON WORLDWIDE HLDGS INC COM 43300A203   70,173,399 263,473 SH   DFND 1,2 0 263,473 0
HINGE HEALTH INC CL A 433313103   48,943,183 945,762 SH   DFND 1,2 0 945,762 0
HOLLEY INC COM 43538H103   6,500,000 3,250,000 SH   DFND 2 0 3,250,000 0
HOME DEPOT INC COM 437076102   733,280 2,000 SH   DFND   2,000 0 0
HOST HOTELS & RESORTS INC COM 44107P104   8,953,728 582,925 SH   DFND 1,2 0 582,925 0
HOULIHAN LOKEY INC CL A 441593100   206,248,433 1,146,143 SH   DFND 1,2 0 1,115,818 30,325
HUBSPOT INC COM 443573100   5,177,772 9,302 SH   DFND 1,2 0 9,302 0
HYATT HOTELS CORP COM CL A 448579102   831,645,356 5,955,212 SH   DFND 1,2 0 5,955,212 0
ICON PLC SHS G4705A100   100,451,115 690,623 SH   DFND 1,2 0 690,623 0
IDEX CORP COM 45167R104   38,799,390 220,991 SH   DFND 1,2 0 220,991 0
IDEXX LABS INC COM 45168D104   1,090,175,411 2,032,620 SH   DFND 1,2 0 2,002,620 30,000
ILLUMINA INC COM 452327109   23,611,304 247,472 SH   DFND 1,2 0 235,331 0
INDEPENDENCE RLTY TR INC COM 45378A106   39,922,102 2,256,761 SH   DFND 1,2 0 2,256,761 0
INDIE SEMICONDUCTOR INC CLASS A COM 45569U101   90,049,403 25,294,776 SH   DFND 1,2 0 25,092,291 0
INSMED INC COM PAR $.01 457669307   3,693,488 36,700 SH   DFND 2 0 36,700 0
INSPIRE MED SYS INC COM 457730109   63,814,657 491,752 SH   DFND 1,2 0 491,752 0
INSTALLED BLDG PRODS INC COM 45780R101   86,740,952 481,039 SH   DFND 1,2 0 481,039 0
INSULET CORP COM 45784P101   1,790,826 5,700 SH   DFND 2 0 5,700 0
INTAPP INC COM 45827U109   139,367,651 2,699,877 SH   DFND 1,2 0 2,645,077 54,800
INTEGER HLDGS CORP COM 45826H109   51,925,066 422,258 SH   DFND 1,2 0 391,958 30,300
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   232,634,674 4,198,424 SH   DFND 1,2 0 4,198,424 0
INTUIT COM 461202103   19,126,019 24,283 SH   DFND 2 0 24,283 0
INTUITIVE SURGICAL INC COM 46120E602   54,761,056 100,773 SH   DFND 1,2 0 100,773 0
INVITATION HOMES INC COM 46187W107   7,868,622 239,897 SH   DFND 1,2 0 239,897 0
IRIDIUM COMMUNICATIONS INC COM 46269C102   252,761,454 8,377,907 SH   DFND 1,2 0 8,239,684 138,223
IRON MTN INC DEL COM 46284V101   11,028,737 107,524 SH   DFND 1,2 0 107,524 0
JANUS INTERNATIONAL GROUP IN COMMON STOCK 47103N106   22,385,000 2,750,000 SH   DFND 2 0 2,750,000 0
JBT MAREL CORPORATION COM 477839104   84,182,000 700,000 SH   DFND 2 0 700,000 0
JEFFERIES FINL GROUP INC COM 47233W109   28,412,986 519,528 SH   DFND 1,2 0 519,528 0
JFROG LTD ORD SHS M6191J100   50,419,217 1,149,025 SH   DFND 1,2 0 1,113,799 35,226
JONES LANG LASALLE INC COM 48020Q107   132,587,144 518,364 SH   DFND 1,2 0 518,364 0
KARMAN HLDGS INC COMMON STOCK 485924104   121,650,300 2,415,134 SH   DFND 1,2 0 2,334,401 80,733
KE HLDGS INC SPONSORED ADS 482497104   31,744,187 1,789,413 SH   DFND 1,2 0 1,789,413 0
KINSALE CAP GROUP INC COM 49714P108   853,499,917 1,763,794 SH   DFND 1,2 0 1,708,476 55,318
KKR & CO INC COM 48251W104   21,630,146 162,596 SH   DFND 1,2 0 162,596 0
KRATOS DEFENSE & SEC SOLUTIO COM 50077B207   189,714,295 4,084,269 SH   DFND 1,2 0 4,084,269 0
LAM RESEARCH CORP COM 512807306   1,418,049 14,568 SH   DFND 2 0 14,568 0
LAS VEGAS SANDS CORP COM 517834107   53,003,577 1,218,193 SH   DFND 1,2 0 1,218,193 0
LI AUTO INC SPONSORED ADS 50202M102   9,810,052 361,861 SH   DFND 1,2 0 361,861 0
LIBERTY MEDIA CORP DEL COM LBTY ONE S A 531229771   31,651,782 333,317 SH   DFND 1,2 0 333,317 0
LIBERTY MEDIA CORP DEL COM LBTY ONE S C 531229755   104,500,000 1,000,000 SH   DFND 2 0 1,000,000 0
LIBERTY MEDIA CORP DEL COM LBTY LIV S C 531229722   115,036,022 1,417,398 SH   DFND 1,2 0 1,417,398 0
LIVE NATION ENTERTAINMENT IN COM 538034109   40,089,200 265,000 SH   DFND 2 0 265,000 0
LOAR HOLDINGS INC COM SHS 53947R105   58,773,627 682,066 SH   DFND 1,2 0 645,919 22,821
LOUISIANA PAC CORP COM 546347105   60,498,093 703,548 SH   DFND 1,2 0 703,548 0
LOWES COS INC COM 548661107   50,433,492 227,311 SH   DFND 1,2 0 227,311 0
LPL FINL HLDGS INC COM 50212V100   83,422,951 222,479 SH   DFND 1,2 0 222,479 0
MACERICH CO COM 554382101   39,588,690 2,446,767 SH   DFND 1,2 0 2,446,767 0
MADISON SQUARE GRDN SPRT COR CL A 55825T103   47,013,750 225,000 SH   DFND 2 0 225,000 0
MANCHESTER UTD PLC ORD CL A G5784H106   1,610,879 90,448 SH   DFND 1 0 90,448 0
MANHATTAN ASSOCS INC COM 562750109   306,078 1,550 SH   DFND 1 0 1,550 0
MARRIOTT VACATIONS WORLDWIDE COM 57164Y107   3,114,464 43,071 SH   DFND 1 0 43,071 0
MASIMO CORP COM 574795100   64,695,562 384,589 SH   DFND 1,2 0 384,589 0
MASTERCARD INCORPORATED CL A 57636Q104   50,158,202 89,259 SH   DFND 1,2 0 89,259 0
MCKESSON CORP COM 58155Q103   4,763,070 6,500 SH   DFND 2 0 6,500 0
MERCADOLIBRE INC COM 58733R102   160,774,836 61,514 SH   DFND 1,2 0 58,778 0
MERCURY SYS INC COM 589378108   66,506,382 1,234,801 SH   DFND 1,2 0 1,234,801 0
META PLATFORMS INC CL A 30303M102   201,542,117 273,059 SH   DFND 1,2 0 273,059 0
METTLER TOLEDO INTERNATIONAL COM 592688105   280,679,374 238,933 SH   DFND 1,2 0 234,233 4,700
MICROSOFT CORP COM 594918104   166,511,977 334,758 SH   DFND 1,2 0 334,758 0
MILLROSE PPTYS INC COM CL A 601137102   4,890,206 171,526 SH   DFND 1,2 0 171,526 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADS 606822104   4,939,323 360,009 SH   DFND 2 0 360,009 0
MNTN INC CL A 55318A108   1,530,900 70,000 SH   DFND 2 0 70,000 0
MOBILEYE GLOBAL INC COMMON CLASS A 60741F104   7,573,176 421,200 SH   DFND 1,2 0 421,200 0
MOELIS & CO CL A 60786M105   32,854,232 527,186 SH   DFND 1,2 0 505,121 22,065
MONOLITHIC PWR SYS INC COM 609839105   37,315,008 51,020 SH   DFND 1,2 0 51,020 0
MONTROSE ENVIRONMENTAL GROUP COM 615111101   60,512,607 2,764,395 SH   DFND 1,2 0 2,764,395 0
MOODYS CORP COM 615369105   18,071,786 36,029 SH   DFND 2 0 36,029 0
MORNINGSTAR INC COM 617700109   406,641,691 1,295,326 SH   DFND 1,2 0 1,249,326 46,000
MSCI INC COM 55354G100   1,251,717,854 2,170,333 SH   DFND 1,2 0 2,105,196 65,137
NATERA INC COM 632307104   1,267,050 7,500 SH   DFND 2 0 7,500 0
NCINO INC COM 63947X101   57,421,095 2,052,953 SH   DFND 1,2 0 1,955,953 97,000
NEOGEN CORP COM 640491106   32,750,333 6,851,534 SH   DFND 1,2 0 6,851,534 0
NOVA LTD COM M7516K103   29,640,416 107,705 SH   DFND 1,2 0 107,705 0
NOVANTA INC COM 67000B104   40,112,057 311,115 SH   DFND 1,2 0 311,115 0
NOVO-NORDISK A S ADR 670100205   1,479,858 21,441 SH   DFND 2 0 21,441 0
NU HLDGS LTD ORD SHS CL A G6683N103   19,597,771 1,428,409 SH   DFND 2 0 1,300,807 0
NVIDIA CORPORATION COM 67066G104   456,477,663 2,889,282 SH   DFND 1,2 0 2,842,460 0
ODDITY TECH LTD SHS CL A M7518J104   93,389,069 1,237,433 SH   DFND 2 0 1,237,433 0
ON HLDG AG NAMEN AKT A H5919C104   215,485,647 4,139,974 SH   DFND 1,2 0 4,139,974 0
PAR TECHNOLOGY CORP COM 698884103   121,493,716 1,751,387 SH   DFND 1,2 0 1,751,387 0
PDD HOLDINGS INC SPONSORED ADS 722304102   5,624,742 53,743 SH   DFND 2 0 47,411 0
PENUMBRA INC COM 70975L107   4,491,025 17,500 SH   DFND 2 0 17,500 0
PLANET FITNESS INC CL A 72703H101   125,407,500 1,150,000 SH   DFND 2 0 1,150,000 0
PONY AI INC SPONSORED ADS 732908108   22,230,054 1,684,095 SH   DFND 1,2 0 1,684,095 0
POOL CORP COM 73278L105   4,594,308 15,762 SH   DFND 2 0 15,762 0
PORTILLOS INC COM CL A 73642K106   4,487,687 384,549 SH   DFND 2 0 384,549 0
PRICE T ROWE GROUP INC COM 74144T108   386,000 4,000 SH   DFND   4,000 0 0
PRIMERICA INC COM 74164M108   434,827,148 1,588,874 SH   DFND 1,2 0 1,507,741 81,133
PRIMO BRANDS CORPORATION CLASS A COM SHS 741623102   5,432,871 183,419 SH   DFND 2 0 183,419 0
PROCORE TECHNOLOGIES INC COM 74275K108   87,158,254 1,273,871 SH   DFND 1,2 0 1,228,374 45,497
PROGRESSIVE CORP COM 743315103   2,134,880 8,000 SH   DFND 2 0 8,000 0
PROLOGIS INC. COM 74340W103   83,321,686 792,634 SH   DFND 1,2 0 792,634 0
QUALCOMM INC COM 747525103   637,040 4,000 SH   DFND   4,000 0 0
QUANTA SVCS INC COM 74762E102   134,019,908 354,475 SH   DFND 1,2 0 354,475 0
RADNET INC COM 750491102   46,097,100 810,000 SH   DFND 2 0 810,000 0
RBC BEARINGS INC COM 75524B104   125,843,068 327,035 SH   DFND 1,2 0 327,035 0
RED ROCK RESORTS INC CL A 75700L108   638,356,278 12,269,004 SH   DFND 1,2 0 12,136,978 132,026
REDDIT INC CL A 75734B100   1,460,077 9,697 SH   DFND 2 0 9,697 0
REPAY HLDGS CORP COM CL A 76029L100   18,075,000 3,750,000 SH   DFND 2 0 3,750,000 0
REPLIGEN CORP COM 759916109   34,135,220 274,443 SH   DFND 1,2 0 274,443 0
ROBERT HALF INC. COM 770323103   2,364,480 57,600 SH   DFND 1 42,000 15,600 0
ROBINHOOD MKTS INC COM CL A 770700102   2,013,045 21,500 SH   DFND 2 0 21,500 0
ROLLINS INC COM 775711104   77,854,635 1,379,912 SH   DFND 1,2 0 1,379,912 0
ROPER TECHNOLOGIES INC COM 776696106   143,791,436 253,672 SH   DFND 1,2 0 253,672 0
S&P GLOBAL INC COM 78409V104   23,786,579 45,111 SH   DFND 2 0 45,111 0
SAILPOINT INC COM 78781J109   19,565,714 855,893 SH   DFND 1,2 0 845,930 0
SAMSARA INC COM CL A 79589L106   108,656,246 2,731,429 SH   DFND 1,2 0 2,731,429 0
SBA COMMUNICATIONS CORP CL A 78410G104   3,358,212 14,300 SH   DFND 1,2 0 14,300 0
SCHWAB CHARLES CORP COM 808513105   643,366,816 7,051,368 SH   DFND 1,2 187,250 6,864,118 0
SENTINELONE INC CL A 81730H109   44,284,836 2,422,584 SH   DFND 1,2 0 2,422,584 0
SERVICENOW INC COM 81762P102   51,565,409 50,157 SH   DFND 1,2 0 50,157 0
SERVICETITAN INC SHS CL A 81764X103   100,254,886 935,388 SH   DFND 1,2 0 901,984 28,936
SHOPIFY INC CL A SUB VTG SHS 82509L107   307,400,829 2,664,940 SH   DFND 1,2 0 2,613,648 0
SIGMA LITHIUM CORPORATION COM 826599102   1,889,100 419,800 SH   DFND 2 0 419,800 0
SIMON PPTY GROUP INC COM 828806109   38,733,193 240,938 SH   DFND 1,2 0 240,938 0
SITEONE LANDSCAPE SUPPLY INC COM 82982L103   234,843,348 1,941,817 SH   DFND 1,2 0 1,922,834 18,983
SITIME CORP COM 82982T106   28,382,682 133,202 SH   DFND 1,2 0 133,202 0
SMARTSTOP SELF STORAG REIT I COMMON STOCK 83192D402   13,092,508 361,372 SH   DFND 1,2 0 361,372 0
SNOWFLAKE INC CL A 833445109   82,383,835 368,163 SH   DFND 1,2 0 355,362 0
SPOTIFY TECHNOLOGY S A SHS L8681T102   719,245,431 937,323 SH   DFND 1,2 0 937,323 0
SS&C TECHNOLOGIES HOLDINGS INC COM 78467J100   47,676,406 575,802 SH   DFND 1,2 0 575,802 0
STEPSTONE GROUP INC COM CL A 85914M107   7,798,582 140,515 SH   DFND 2 0 140,515 0
STEVANATO GROUP S P A ORD SHS T9224W109   46,125,061 1,888,050 SH   DFND 1,2 0 1,888,050 0
STRYKER CORPORATION COM 863667101   7,121,340 18,000 SH   DFND 2 0 18,000 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   131,183,914 579,204 SH   DFND 1,2 0 562,717 0
TAYLOR MORRISON HOME CORP COM 87724P106   56,724,502 923,551 SH   DFND 1,2 0 923,551 0
TEMPUS AI INC CL A 88023B103   10,880,780 171,243 SH   DFND 1,2 0 171,243 0
TENCENT MUSIC ENTMT GROUP SPON ADS 88034P109   42,291,526 2,169,909 SH   DFND 1,2 0 2,169,909 0
TERRENO RLTY CORP COM 88146M101   3,383,993 60,353 SH   DFND 1,2 0 60,353 0
TESLA INC COM 88160R101   4,135,551,373 13,018,798 SH   DFND 1,2 3,375,000 9,636,352 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS 881624209   1,676,000 100,000 SH   DFND 2 0 100,000 0
TEXAS ROADHOUSE INC COM 882681109   57,984,654 309,400 SH   DFND 1,2 0 309,400 0
THE BALDWIN INSURANCE GRP IN COM CL A 05589G102   128,858,100 3,010,000 SH   DFND 2 0 3,010,000 0
THE TRADE DESK INC COM CL A 88339J105   150,340,316 2,088,350 SH   DFND 1,2 0 2,088,350 0
THERMO FISHER SCIENTIFIC INC COM 883556102   12,474,382 30,766 SH   DFND 2 0 30,766 0
TOLL BROTHERS INC COM 889478103   129,501,028 1,134,680 SH   DFND 1,2 0 1,134,680 0
TRADEWEB MKTS INC CL A 892672106   57,663,593 393,877 SH   DFND 1,2 0 393,877 0
TRANSCAT INC COM 893529107   14,416,609 167,713 SH   DFND 1,2 0 129,738 37,975
TRANSDIGM GROUP INC COM 893641100   133,579,100 87,844 SH   DFND 2 0 87,844 0
TRANSUNION COM 89400J107   76,778,504 872,483 SH   DFND 1,2 0 872,483 0
TREX CO INC COM 89531P105   85,836,872 1,578,464 SH   DFND 1,2 0 1,518,464 60,000
TWFG INC COM CL A 87318A101   31,572,135 902,061 SH   DFND 1,2 0 902,061 0
UDR INC COM 902653104   3,616,517 88,575 SH   DFND 1,2 0 88,575 0
VAIL RESORTS INC COM 91879Q109   860,373,014 5,475,549 SH   DFND 1,2 0 5,341,749 133,800
VARONIS SYS INC COM 922280102   31,662,214 623,886 SH   DFND 1,2 0 623,886 0
VEEVA SYS INC CL A COM 922475108   103,180,642 358,291 SH   DFND 1,2 0 358,291 0
VENTAS INC COM 92276F100   8,693,166 137,659 SH   DFND 1,2 0 137,659 0
VERACYTE INC COM 92337F107   23,710,716 877,200 SH   DFND 1,2 0 877,200 0
VERISIGN INC COM 92343E102   25,639,664 88,780 SH   DFND 1,2 0 88,780 0
VERISK ANALYTICS INC COM 92345Y106   378,263,795 1,214,330 SH   DFND 1,2 0 1,214,330 0
VERTEX PHARMACEUTICALS INC COM 92532F100   4,006,800 9,000 SH   DFND 2 0 9,000 0
VERTIV HOLDINGS CO COM CL A 92537N108   330,090,746 2,570,600 SH   DFND 1,2 0 2,570,600 0
VICI PPTYS INC COM 925652109   7,900,545 242,348 SH   DFND 1,2 0 242,348 0
VICTORY CAP HLDGS INC COM CL A 92645B103   1,056,667 16,596 SH   DFND   16,596 0 0
VIKING THERAPEUTICS INC COM 92686J106   3,358,530 126,737 SH   DFND 2 0 109,167 0
VISA INC COM CL A 92826C839   62,850,596 177,019 SH   DFND 1,2 0 177,019 0
VORNADO RLTY TR SH BEN INT 929042109   65,866,641 1,722,454 SH   DFND 1,2 0 1,722,454 0
VOYAGER TECHNOLOGIES INC COM CL A 92892B103   4,710,000 120,000 SH   DFND 2 0 120,000 0
VULCAN MATLS CO COM 929160109   53,793,864 206,249 SH   DFND 1,2 0 206,249 0
WASTE CONNECTIONS INC COM 94106B101   42,012,000 225,000 SH   DFND 2 0 225,000 0
WATERS CORP COM 941848103   4,886,560 14,000 SH   DFND 2 0 14,000 0
WELLTOWER INC COM 95040Q104   188,849,004 1,228,446 SH   DFND 1,2 0 1,228,446 0
WEST PHARMACEUTICAL SVSC INC COM 955306105   67,313,164 307,647 SH   DFND 1,2 0 283,647 24,000
WILLIS TOWERS WATSON PLC LTD SHS G96629103   29,533,727 96,358 SH   DFND 1,2 0 96,358 0
WINGSTOP INC COM 974155103   52,879,629 157,034 SH   DFND 1,2 0 157,034 0
WIX COM LTD SHS M98068105   21,016,550 132,630 SH   DFND 1,2 0 122,496 0
WYNN RESORTS LTD COM 983134107   125,258,896 1,337,236 SH   DFND 1,2 0 1,337,236 0
XENON PHARMACEUTICALS INC COM 98420N105   1,752,800 56,000 SH   DFND 2 0 56,000 0
XP INC CL A G98239109   38,587,858 1,910,290 SH   DFND 1,2 0 1,910,290 0
XPENG INC ADS 98422D105   7,866,860 439,981 SH   DFND 1,2 0 439,981 0
ZAI LAB LTD ADR 98887Q104   55,525,856 1,587,814 SH   DFND 1,2 0 1,587,814 0
ZOETIS INC CL A 98978V103   779,750 5,000 SH   DFND 2 0 5,000 0
ZSCALER INC COM 98980G102   57,902,780 184,439 SH   DFND 1,2 0 176,135 0