AAON INC COM PAR $0.004 000360206 69062838 544402 SH DFND 1,2 0 544402 0 ABIVAX SA SPONSORED ADS 00370M103 333150 2500 SH DFND 2 0 2500 0 ADVANCED DRAIN SYS INC DEL COM 00790R104 106800450 680431 SH DFND 1,2 0 680431 0 ADVANCED ENERGY INDS COM 007973100 51965773 139367 SH DFND 1,2 0 139367 0 ADVANCED MICRO DEVICES INC COM 007903107 7141127 12293 SH DFND 2 0 12293 0 AERCAP HOLDINGS NV SHS N00985106 903836 6200 SH DFND 2 0 6200 0 AFYA LTD CL A COM G01125106 17455505 1176247 SH DFND 1,2 0 1176247 0 AGILENT TECHNOLOGIES INC COM 00846U101 4860117 36589 SH DFND 2 0 36589 0 AGILYSYS INC COM 00847J105 20597368 197104 SH DFND 1,2 0 157278 39826 AGNICO EAGLE MINES LTD COM 008474108 1881572 12129 SH DFND 2 0 12129 0 AIRBNB INC COM CL A 009066101 251579101 1758065 SH DFND 1,2 0 1758065 0 ALEXANDRIA REAL ESTATE EQ IN COM 015271109 17766902 336176 SH DFND 1,2 0 336176 0 ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 71069351 740460 SH DFND 1,2 0 740460 0 ALPHABET INC CAP STK CL A 02079K305 195206930 546232 SH DFND 1,2 0 546232 0 ALPHABET INC CAP STK CL C 02079K107 191356108 541579 SH DFND 1,2 0 541579 0 AMAZON COM INC COM 023135106 466317692 1956523 SH DFND 1,2 0 1936416 0 AMERICAN EXPRESS CO COM 025816109 913275 2700 SH DFND 2 0 2700 0 AMETEK INC COM 031100100 406459 1680 SH DFND 2 0 1680 0 AMPHENOL CORP CL A 032095101 281769763 1598059 SH DFND 1,2 0 1598059 0 ANDERSEN GROUP INC CL A 033853102 34018687 901874 SH DFND 2 0 901874 0 APOLLO GLOBAL MGMT INC COM 03769M106 13001559 109894 SH DFND 2 0 109894 0 APPLE INC COM 037833100 118059 408 SH DFND 2 0 408 0 APPLIED AEROSPACE & DEFENSE COMMON STOCK 03815J107 49519688 2173823 SH DFND 1,2 0 2065071 108752 APPLIED MATLS INC COM 038222105 2452416 3392 SH DFND 2 0 3392 0 APPLOVIN CORP COM CL A 03831W108 142203 276 SH DFND 2 0 276 0 ARCH CAP GROUP LTD ORD G0450A105 1540579997 15872450 SH DFND 1,2 0 15762500 109950 ARCUTIS BIOTHERAPEUTICS INC COM 03969K108 32856806 1253120 SH DFND 1,2 0 1253120 0 ARGENX SE SPONSORED ADR 04016X101 126783482 136654 SH DFND 1,2 0 132293 0 ARISTA NETWORKS INC COM SHS 040413205 17187439 101174 SH DFND 1,2 0 101174 0 ARXIS INC CL A COM 04339D105 45346623 982805 SH DFND 1,2 0 982805 0 ASCENDIS PHARMA A/S ORD SHS K08588103 400080 1500 SH DFND 2 0 1500 0 ASML HLDG NV N Y REGISTRY SHS N07059210 72188820 36286 SH DFND 1,2 0 33344 0 ASTRAZENECA PLC ORD G0593M107 9070473 47835 SH DFND 2 0 47835 0 AVIENT CORPORATION COM 05368V106 25872000 700000 SH DFND 2 0 700000 0 AXOGEN INC COM 05463X106 34190300 740210 SH DFND 1,2 0 740210 0 AXON ENTERPRISE INC COM 05464C101 86118105 153615 SH DFND 1,2 0 153615 0 AXSOME THERAPEUTICS INC COM 05464T104 734310 3000 SH DFND 2 0 3000 0 BANCO BRADESCO S A COM 059460303 25339193 7302361 SH DFND 1,2 0 7302361 0 BANK OF AMER CORP COM 060505104 2335838 40994 SH DFND 2 0 40994 0 BERKSHIRE HATHAWAY INC DEL CL A 084670108 748850 1 SH DFND 1 0 0 BILLIONTOONE INC CL A 090168105 89036318 742093 SH DFND 1,2 0 709331 27334 BIONTECH SE SPONSORED ADS 09075V102 72207 776 SH DFND 1 0 776 0 BIO-TECHNE CORP COM 09073M104 127170 1800 SH DFND 1 0 1800 0 BIRKENSTOCK HOLDING PLC COM SHS M2029K104 634245375 14739609 SH DFND 1,2 0 14739609 0 BLACKROCK INC COM 09290D101 1300029 1352 SH DFND 2 0 1352 0 BLACKSTONE DIGITAL INFRASTRU COMMON STOCK 09264B107 164832605 7620555 SH DFND 1,2 0 7620555 0 BLACKSTONE INC COM 09260D107 69572152 591248 SH DFND 1,2 0 591248 0 BLACKSTONE MORTGAGE TRUST IN COM CL A 09257W100 3236467 190942 SH DFND 1,2 0 190942 0 BLOCK INC CL A 852234103 10844592 142692 SH DFND 2 0 130980 0 BLOOM ENERGY CORP COM CL A 093712107 2180651 7204 SH DFND 2 0 7204 0 BOOZ ALLEN HAMILTON HLDG COR CL A 099502106 13385379 220626 SH DFND 1,2 0 220626 0 BOYD GAMING CORP COM 103304101 41184392 466256 SH DFND 1,2 0 466256 0 BRIGHT HORIZONS FAM SOL IN D COM 109194100 74789032 1055150 SH DFND 1,2 0 1015758 39392 BROADCOM INC COM 11135F101 194365974 514536 SH DFND 1,2 0 514536 0 BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105 4597708 102513 SH DFND 1,2 0 102513 0 BROOKFIELD CORP CL A LTD VT SH 11271J107 90802348 2132011 SH DFND 1,2 0 2132011 0 BROOKFIELD INFRASTRUCTURE CO COM SUB VTG A 11276H106 11078144 287744 SH DFND 1,2 0 287744 0 BWX TECHNOLOGIES INC COM 05605H100 346866 1782 SH DFND 2 0 1782 0 BXP INC COM 101121101 20724859 312545 SH DFND 1,2 0 312545 0 CAESARS ENTERTAINMENT INC NE COM 12769G100 49623737 1644259 SH DFND 1,2 0 1644259 0 CAPITAL ONE FINL CORP COM 14040H105 1187470 5919 SH DFND 2 0 5919 0 CAREDX INC COM 14167L103 55213791 1937326 SH DFND 1,2 0 1937326 0 CASELLA WASTE SYS INC CL A 147448104 93599226 965239 SH DFND 1,2 0 929414 35825 CBRE GROUP INC CL A 12504L109 131856257 978961 SH DFND 1,2 0 978961 0 CDW CORP COM 12514G108 24206394 172116 SH DFND 1,2 0 172116 0 CEREBRAS SYSTEMS INC COM CL A 15675D103 65201188 295028 SH DFND 1,2 0 292338 0 CHEESECAKE FACTORY INC COM 163072101 35793000 450000 SH DFND 2 0 450000 0 CHIPOTLE MEXICAN GRILL INC COM 169656105 463862 13643 SH DFND 2 0 13643 0 CHOICE HOTELS INTL INC COM 169905106 1028637596 9328354 SH DFND 1,2 20000 9221786 86568 CHURCHILL DOWNS INC COM 171484108 294916 3290 SH DFND 2 0 3290 0 CLOUDFLARE INC CL A COM 18915M107 115673557 471598 SH DFND 1,2 0 455877 0 CME GROUP INC COM 12572Q105 11093174 50234 SH DFND 2 0 50234 0 CODERE ONLINE LUXEMBOURG S A ORDINARY SHARES L18268109 33526428 3503284 SH DFND 2 0 3503284 0 COGNEX CORP COM 192422103 90604590 1251099 SH DFND 2 0 1251099 0 COHEN & STEERS INC COM 19247A100 11688328 153511 SH DFND 1,2 0 153511 0 COHERENT CORP COM 19247G107 24988097 63346 SH DFND 1,2 0 63346 0 COOPER COS INC COM 216648501 30683848 427888 SH DFND 1,2 0 427888 0 COSTAR GROUP INC COM 22160N109 612469928 21626763 SH DFND 1,2 0 21369752 257011 COSTCO WHOLESALE CORPORATION COM 22160K105 5209632 5569 SH DFND 2 0 5569 0 COUPANG INC CL A 22266T109 48280818 2779552 SH DFND 1,2 0 2623720 0 CREDICORP LTD COM G2519Y108 50210629 128884 SH DFND 1,2 0 128884 0 CRH PLC ORD G25508105 69541012 649916 SH DFND 1,2 0 649916 0 CROWDSTRIKE HLDGS INC CL A 22788C105 96456317 126394 SH DFND 1,2 0 121983 0 CUBESMART COM 229663109 9298743 233813 SH DFND 1,2 0 233813 0 CURBLINE PPTYS CORP COM 23128Q101 5765147 189643 SH DFND 1,2 0 189643 0 CUSHMAN AND WAKEFIELD LTD COMMON SHARES G2717C106 20861325 1557978 SH DFND 1,2 0 1557978 0 CYTOKINETICS INC COM 23282W605 851900 10000 SH DFND 2 0 10000 0 DATADOG INC CL A COM 23804L103 132355568 508356 SH DFND 1,2 0 492443 0 DEFINIUM THERAPEUTICS INC COM SHS 24477V105 24465880 520108 SH DFND 1,2 0 520108 0 DEUTSCHE BK AG NAMEN AKT D18190898 1735973 51421 SH DFND 2 0 51421 0 DEXCOM INC COM 252131107 16500750 245000 SH DFND 2 0 245000 0 DIGITAL RLTY TR INC COM 253868103 46891570 261118 SH DFND 1,2 0 261118 0 DOUGLAS EMMETT INC COM 25960P109 1467483 124363 SH DFND 1 0 124363 0 DPC HOLDINGS PLC ORDINARY SHARES G2R11M108 50940519 1038331 SH DFND 1,2 0 1027833 0 DRAFTKINGS INC NEW COM CL A 26142V105 95195442 3768624 SH DFND 1,2 0 3768624 0 DRIVEN BRANDS HLDGS INC COM 26210V102 62766160 4502594 SH DFND 2 0 4502594 0 DYNATRACE INC COM 268150109 68926142 1569714 SH DFND 1,2 0 1569714 0 EASTGROUP PPTYS INC COM 277276101 13769002 67985 SH DFND 1,2 0 67985 0 EDWARDS LIFESCIENCES CORP COM 28176E108 20769887 229603 SH DFND 1,2 0 229603 0 ELANCO ANIMAL HEALTH INC COM 28414H103 2904940 118039 SH DFND 2 0 118039 0 ELEVANCE HEALTH INC FORMERLY COM 036752103 1933650 5000 SH DFND 2 0 5000 0 ELI LILLY & CO COM 532457108 168567892 140540 SH DFND 1,2 0 140540 0 ENERPAC TOOL GROUP CORP CL A COM 292765104 15981690 445669 SH DFND 1,2 0 445669 0 ENLIVEN THERAPEUTICS INC COM 29337E102 380625 7500 SH DFND 2 0 7500 0 ENPRO INC COM 29355X107 150576750 399482 SH DFND 1,2 0 384847 14635 EQUIFAX INC COM 294429105 423465 2668 SH DFND 2 0 2668 0 EQUINIX INC COM 29444U700 203930052 195637 SH DFND 1,2 0 195637 0 EQUITY RESIDENTIAL SH BEN INT 29476L107 19602153 288564 SH DFND 1,2 0 288564 0 ESSEX PPTY TR INC COM 297178105 7355358 25225 SH DFND 1,2 0 25225 0 ESTABLISHMENT LABS HLDGS INC COM G31249108 24550069 286098 SH DFND 1,2 0 286098 0 EVERFORTH INC COM 00191U102 16275996 910800 SH DFND 1,2 0 910800 0 EXPONENT INC COM 30214U102 21406092 364297 SH DFND 1,2 0 364297 0 EXTRA SPACE STORAGE INC COM 30225T102 4883678 33611 SH DFND 1,2 0 33611 0 FACTSET RESH SYS INC COM 303075105 966532948 4200856 SH DFND 1,2 0 4172543 28313 FAIR ISAAC CORP COM 303250104 35542315 29748 SH DFND 1,2 0 29748 0 FERRARI N V COM N3167Y103 728944 1958 SH DFND 2 0 1958 0 FERVO ENERGY CO CL A COM 31556C106 21955062 751114 SH DFND 2 0 751114 0 FIGMA INC CLASS A COM STK 316841105 77138383 4264145 SH DFND 1,2 0 4258874 0 FIGS INC CL A 30260D103 613385163 59959449 SH DFND 1,2 27833825 32125624 0 FIRST ADVANTAGE CORP NEW COM 31846B108 63213627 3502140 SH DFND 2 0 3502140 0 FLOOR & DECOR HLDGS INC CL A 339750101 43926 740 SH DFND 1 0 740 0 FORGENT POWER SOLUTIONS INC COM SHS CL A 34631F102 227494039 4072575 SH DFND 1,2 0 3946816 88324 FORTUNE BRANDS INNOVATIONS I COM 34964C106 63604505 1158552 SH DFND 1,2 0 1158552 0 FRANKLIN TEMPLETON ETF TR FRANKLIN INDIA 35473P769 6614384 185954 SH DFND 2 0 185954 0 FULL TRUCK ALLIANCE CO LTD SPONSORED ADS 35969L108 35965007 4429188 SH DFND 1,2 0 4429188 0 GAMING & LEISURE P COM 36467J108 82119599 1844141 SH DFND 1,2 0 1844141 0 GARTNER INC COM 366651107 985242787 7601009 SH DFND 1,2 0 7539998 61011 GCM GROSVENOR INC COM CL A 36831E108 27120996 2204959 SH DFND 2 0 2204959 0 GDS HLDGS LTD SPONSORED ADS 36165L108 127478341 4245033 SH DFND 1,2 0 4170419 0 GE VERNOVA INC COM 36828A101 17623 15 SH DFND 2 0 15 0 GILEAD SCIENCES INC COM 375558103 2274120 18000 SH DFND 2 0 18000 0 GOLDMAN SACHS GROUP INC COM 38141G104 809096 800 SH DFND 800 0 0 GRAIL INC COM 384747101 508543 7449 SH DFND 1,2 0 6488 0 GRID DYNAMICS HLDGS INC CL A 39813G109 17040000 3000000 SH DFND 2 0 3000000 0 GUARDANT HEALTH INC COM 40131M109 2475495 16500 SH DFND 2 0 16500 0 GUIDEWIRE SOFTWARE INC COM 40171V100 1106767811 8994456 SH DFND 1,2 0 8905062 89394 HAMILTON LANE INC CL A 407497106 463836 5884 SH DFND 2 0 5884 0 HARROW INC COM 415858109 34373094 809350 SH DFND 1,2 0 809350 0 HAWKEYE 360 INC COM SHS 420201105 14051060 694909 SH DFND 1,2 0 694909 0 HDFC BANK LTD SPONSORED ADS 40415F101 293765 11373 SH DFND 2 0 11373 0 HEALTHEQUITY INC COM 42226A107 67775586 750394 SH DFND 2 0 750394 0 HEARTFLOW INC COM 42238D107 94625402 3225133 SH DFND 1,2 0 3125317 69300 HEICO CORP NEW COM 422806109 77997061 218976 SH DFND 1,2 0 218976 0 HEICO CORP NEW CL A 422806208 145116156 562662 SH DFND 1,2 0 562662 0 HENRY JACK & ASSOC INC COM 426281101 681400 4947 SH DFND 2 0 4947 0 HILTON GRAND VACATIONS INC COM 43283X105 5771174 110200 SH DFND 1 0 110200 0 HILTON WORLDWIDE HLDGS INC COM 43300A203 96295053 291397 SH DFND 1,2 0 291397 0 HINGE HEALTH INC CL A 433313103 92767274 1117678 SH DFND 1,2 0 1117678 0 HOLLEY INC COM 43538H103 8287500 3250000 SH DFND 2 0 3250000 0 HOME DEPOT INC COM 437076102 58228879 165104 SH DFND 1,2 2000 163104 0 HOST HOTELS & RESORTS INC COM 44107P104 10730861 452588 SH DFND 1,2 0 452588 0 HOULIHAN LOKEY INC CL A 441593100 116631937 869544 SH DFND 1,2 0 846465 23079 HYATT HOTELS CORP COM CL A 448579102 1410978224 7279087 SH DFND 1,2 0 7279087 0 ICON PUB LTD CO SHS G4705A100 65454797 376805 SH DFND 1,2 0 376805 0 IDEX CORP COM 45167R104 10602423 46717 SH DFND 1,2 0 46717 0 IDEXX LABS INC COM 45168D104 1040655010 1976778 SH DFND 1,2 0 1954748 22030 ILLUMINA INC COM 452327109 39929938 227094 SH DFND 1,2 0 214953 0 IMPINJ INC COM 453204109 44974 314 SH DFND 2 0 314 0 INDIE SEMICONDUCTOR INC CLASS A COM 45569U101 103326623 23012611 SH DFND 1,2 0 22774496 0 INNIO NV ORDINARY SHARES N52A8C105 6921290 175001 SH DFND 2 0 171102 0 INSMED INC COM PAR $.01 457669307 1066200 10000 SH DFND 2 0 10000 0 INSTALLED BLDG PRODS INC COM 45780R101 45579570 198310 SH DFND 1,2 0 198310 0 INTAPP INC COM 45827U109 50184463 1990657 SH DFND 1,2 0 1990657 0 INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 418419907 4807214 SH DFND 1,2 0 4807214 0 INTUIT COM 461202103 130500 500 SH DFND 2 0 500 0 INTUITIVE SURGICAL INC COM 46120E602 37352889 93927 SH DFND 1,2 0 93927 0 IONIS PHARMACEUTICALS INC COM 462222100 1110060 14000 SH DFND 2 0 14000 0 IRHYTHM HOLDINGS INC COM 450056106 21581098 181430 SH DFND 1,2 0 181430 0 IRON MTN INC DEL COM 46284V101 39247170 310721 SH DFND 1,2 0 310721 0 ISHARES INC CORE MSCI EMKT 46434G103 9273110 111940 SH DFND 2 0 111940 0 ITAU UNIBANCO HLDG S A SPON ADR REP PFD 465562106 686002 83966 SH DFND 2 0 83966 0 JAMES HARDIE INDS PLC ORD SHS G4253H101 31981148 1221587 SH DFND 1,2 0 1221587 0 JANUS LIVING INC CL A-1 471024109 13208904 459600 SH DFND 1,2 0 459600 0 JBT MAREL CORPORATION COM 477839104 95780765 660557 SH DFND 2 0 660557 0 JEFFERIES FINANCIAL GROUP IN COM 47233W109 107044365 2141744 SH DFND 1,2 0 2141744 0 JFROG LTD ORD SHS M6191J100 37313965 410585 SH DFND 1,2 0 395757 14828 JOHNSON & JOHNSON COM 478160104 6392933 25172 SH DFND 2 0 25172 0 JONES LANG LASALLE INC COM 48020Q107 46814848 151040 SH DFND 1,2 0 151040 0 JPMORGAN CHASE & CO COM 46625H100 1734849 5300 SH DFND 2 0 5300 0 KARMAN HLDGS INC COMMON STOCK 485924104 72427830 1450878 SH DFND 1,2 0 1378145 72733 KB HOME COM 48666K109 37500235 599141 SH DFND 1,2 0 599141 0 KINSALE CAP GROUP INC COM 49714P108 878599988 2663958 SH DFND 1,2 0 2636381 27577 KKR & CO INC COM 48251W104 15888770 173118 SH DFND 1,2 0 173118 0 KRATOS DEFENSE & SEC SOLUTIO COM 50077B207 53746138 1077941 SH DFND 1,2 0 1077941 0 KYMERA THERAPEUTICS INC COM 501575104 2293400 20000 SH DFND 2 0 20000 0 LAM RESEARCH CORP COM 512807306 56037369 129318 SH DFND 1,2 0 129318 0 LAS VEGAS SANDS CORP COM 517834107 174795801 3784278 SH DFND 1,2 0 3784278 0 LATTICE SEMICONDUCTOR CORP COM 518415104 787285 5147 SH DFND 2 0 5147 0 LEGENCE CORP CL A 52476L109 40524223 475469 SH DFND 2 0 475469 0 LIBERTY LIVE HOLDINGS INC COM SHS SER C 530909308 131022440 1240273 SH DFND 1,2 0 1240273 0 LIBERTY MEDIA CORP DEL COM LBTY ONE S A 531229771 41996265 479738 SH DFND 1,2 0 479738 0 LIBERTY MEDIA CORP DEL COM LBTY ONE S C 531229755 76112000 800000 SH DFND 2 0 800000 0 LINCOLN INTL INC CL A 533714101 36087239 1511824 SH DFND 1,2 0 1433287 78537 LINDE PLC SHS G54950103 45667 88 SH DFND 2 0 88 0 LIVE NATION ENTERTAINMENT IN COM 538034109 56589047 309044 SH DFND 1,2 0 309044 0 LOAR HOLDINGS INC COM SHS 53947R105 203405793 2523332 SH DFND 1,2 0 2445832 51768 LOWES COS INC COM 548661107 43808056 198685 SH DFND 1,2 0 198685 0 LPL FINL HLDGS INC COM 50212V100 32174616 114224 SH DFND 1,2 0 114224 0 LUMENTUM HLDGS INC COM 55024U109 17544753 20447 SH DFND 1,2 0 20447 0 MACERICH CO COM 554382101 125943854 4999756 SH DFND 1,2 0 4999756 0 MADISON AIR SOLUTIONS CORP COM SHS CL A 55658T105 45612060 1169540 SH DFND 1,2 0 1169540 0 MADISON SQUARE GRDN SPRT COR CL A 55825T103 60322613 150116 SH DFND 2 0 150116 0 MADRIGAL PHARMACEUTICALS INC COM 558868105 2416275 4500 SH DFND 2 0 4500 0 MANHATTAN ASSOCIATES INC COM 562750109 215837 1550 SH DFND 1 0 1550 0 MARRIOTT VACATIONS WORLDWIDE COM 57164Y107 14751001 144788 SH DFND 1,2 0 144788 0 MASTERCARD INCORPORATED CL A 57636Q104 40938542 79709 SH DFND 1,2 0 79709 0 MERCADOLIBRE INC COM 58733R102 79700947 46955 SH DFND 1,2 0 44406 0 MERCK & CO INC COM 58933Y105 2827000 22000 SH DFND 2 0 22000 0 MERCURY SYS INC COM 589378108 74244401 606919 SH DFND 1,2 0 606919 0 MERITAGE HOMES CORP COM 59001A102 112497604 1341653 SH DFND 1,2 0 1341653 0 META PLATFORMS INC CL A 30303M102 131422880 233313 SH DFND 1,2 0 233313 0 METTLER TOLEDO INTERNATIONAL COM 592688105 176889145 138464 SH DFND 1,2 0 134693 3771 MGM RESORTS INTERNATIONAL COM 552953101 22906106 479107 SH DFND 1,2 0 479107 0 MICRON TECHNOLOGY INC COM 595112103 50021157 43335 SH DFND 1,2 0 43335 0 MICROSOFT CORP COM 594918104 23759509 63695 SH DFND 2 0 63695 0 MIRION TECHNOLOGIES INC COM CL A 60471A101 70036068 3906083 SH DFND 1,2 0 3769085 136998 MITSUBISHI UFJ FINANCIAL GRO SPONSORED ADS 606822104 6693641 336533 SH DFND 2 0 336533 0 MODERNA INC COM 60770K107 139316702 1989386 SH DFND 2 0 1989386 0 MOELIS & CO CL A 60786M105 2816331 43050 SH DFND 1 0 43050 0 MOHAWK INDS INC COM 608190104 20832725 171703 SH DFND 1,2 0 171703 0 MONOLITHIC PWR SYS INC COM 609839105 81011825 58604 SH DFND 1,2 0 58604 0 MOODYS CORP COM 615369105 16499423 36429 SH DFND 2 0 36429 0 MORGAN STANLEY COM 617446448 2010965 9620 SH DFND 2 0 9620 0 MORNINGSTAR INC COM 617700109 545936759 3499146 SH DFND 1,2 0 3495380 3766 MP MATERIALS CORP COM CL A 553368101 25499001 455258 SH DFND 1,2 0 455258 0 MSCI INC COM 55354G100 1798710150 3211753 SH DFND 1,2 0 3177086 34667 NATERA INC COM 632307104 2779105 10238 SH DFND 2 0 10238 0 NCINO INC COM 63947X101 30537206 1867719 SH DFND 1,2 0 1867719 0 NEBIUS GROUP N.V. SHS CL A N97284108 27412358 99259 SH DFND 2 0 94100 0 NEOGEN CORP COM 640491106 45093552 5015968 SH DFND 1,2 0 5015968 0 NEPTUNE INS HLDGS INC CL A 64073B103 19173798 608692 SH DFND 2 0 608692 0 NETSKOPE INC CL A 64119N608 49966656 4567336 SH DFND 1,2 0 4503763 0 NEWAMSTERDAM PHARMA COMPANY ORDINARY SHARES N62509109 305010 9000 SH DFND 2 0 9000 0 NOVA LTD COM M7516K103 32708877 60244 SH DFND 1,2 0 60244 0 NOVANTA INC COM 67000B104 137984147 850494 SH DFND 1,2 0 830942 19552 NU HLDGS LTD ORD SHS CL A G6683N103 74788131 5597914 SH DFND 1,2 0 5407343 0 NVIDIA CORPORATION COM 67066G104 593328078 2965306 SH DFND 1,2 0 2924977 0 ODDITY TECH LTD SHS CL A M7518J104 1351215 89307 SH DFND 2 0 89307 0 ON HLDG AG NAMEN AKT A H5919C104 599652453 16929770 SH DFND 1,2 0 16929770 0 ONCE UPON A FARM PBC COM 68237F108 35898245 1752844 SH DFND 2 0 1752844 0 ONTERRIS INC COM 615111101 43196975 2137406 SH DFND 1,2 0 2137406 0 PALANTIR TECHNOLOGIES INC CL A 69608A108 14350 123 SH DFND 2 0 123 0 PALO ALTO NETWORKS INC COM 697435105 3674149 10774 SH DFND 2 0 10774 0 PAR TECHNOLOGY CORP COM 698884103 37732 2166 SH DFND 2 0 2166 0 PEBBLEBROOK HOTEL TR COM 70509V100 12114887 624157 SH DFND 1,2 0 624157 0 PENN ENTERTAINMENT INC COM 707569109 58623972 2744568 SH DFND 1,2 0 2744568 0 PETROLEO BRASILEIRO S A SPONSORED ADR 71654V408 301643 18666 SH DFND 2 0 18666 0 PLANET FITNESS MASTER ISSUER CL A 72703H101 56117913 1075674 SH DFND 2 0 1075674 0 PONY AI INC SPONSORED ADS 732908108 18904563 2720081 SH DFND 1,2 0 2720081 0 PRICE T ROWE GROUP INC COM 74144T108 454760 4000 SH DFND 4000 0 0 PRIMERICA INC COM 74164M108 190826943 671453 SH DFND 1,2 0 638155 33298 PRIMO BRANDS CORPORATION CLASS A COM SHS 741623102 54046934 2211413 SH DFND 1,2 0 2211413 0 PROCORE TECHNOLOGIES INC COM 74275K108 62115617 1529188 SH DFND 1,2 0 1478691 50497 PROGRESSIVE CORP COM 743315103 666272 3050 SH DFND 2 0 3050 0 PROLOGIS INC. COM 74340W103 107068308 790347 SH DFND 1,2 0 790347 0 PROTAGONIST THERAPEUTICS INC COM 74366E102 1961280 16000 SH DFND 2 0 16000 0 PUBLIC STORAGE COM 74460D109 76719076 241020 SH DFND 1,2 0 241020 0 PULTE GROUP INC COM 745867101 45241842 329727 SH DFND 1,2 0 329727 0 QUALCOMM INC COM 747525103 739160 4000 SH DFND 4000 0 0 QUANTA SVCS INC COM 74762E102 227380712 315789 SH DFND 1,2 0 315789 0 RADNET INC COM 750491102 77765377 1260992 SH DFND 1,2 0 1230992 30000 RBC BEARINGS INC COM 75524B104 96110498 149226 SH DFND 1,2 0 149226 0 RED ROCK RESORTS INC CL A 75700L108 1066406983 16391131 SH DFND 1,2 0 16273105 118026 REDDIT INC CL A 75734B100 526989 3036 SH DFND 2 0 3036 0 REPLIGEN CORP COM 759916109 102120701 748466 SH DFND 1,2 0 735466 13000 REVOLUTION MEDICINES INC COM 76155X100 2341000 12500 SH DFND 2 0 12500 0 ROBINHOOD MKTS INC COM CL A 770700102 752100 7500 SH DFND 2 0 7500 0 ROCKET COS INC COM CL A 77311W101 35685956 2265775 SH DFND 1,2 0 2265775 0 ROIVANT SCIENCES LTD SHS G76279101 4423750 125000 SH DFND 2 0 125000 0 ROLLINS INC COM 775711104 41878744 1003324 SH DFND 1,2 0 1003324 0 ROPER TECHNOLOGIES INC COM 776696106 58856511 173931 SH DFND 1,2 0 173931 0 RUBRIK INC. CL A 781154109 89543911 1115395 SH DFND 1,2 0 1115395 0 S&P GLOBAL INC COM 78409V104 14895942 36576 SH DFND 2 0 36576 0 SAILPOINT INC COM 78781J109 15914456 1087053 SH DFND 2 0 1041171 0 SAMSARA INC COM CL A 79589L106 255605217 7881752 SH DFND 1,2 0 7881752 0 SBA COMMUNICATIONS CORP CL A 78410G104 105876 600 SH DFND 1 0 600 0 SCHWAB CHARLES CORP COM 808513105 1075470885 11655694 SH DFND 1,2 187250 11468444 0 SENTINELONE INC CL A 81730H109 32414329 1910096 SH DFND 1,2 0 1910096 0 SERVICETITAN INC SHS CL A 81764X103 49862076 705163 SH DFND 1,2 0 663668 31046 SHAKE SHACK INC CL A 819047101 58018794 1035680 SH DFND 1,2 0 1035680 0 SHOPIFY INC CL A SUB VTG SHS 82509L107 1273740242 11155546 SH DFND 1,2 0 11116526 0 SIMON PPTY GROUP INC NEW COM 828806109 36581536 163566 SH DFND 1,2 0 163566 0 SITEONE LANDSCAPE SUPPLY INC COM 82982L103 232114894 2028799 SH DFND 1,2 0 2000118 28681 SITIME CORP COM 82982T106 52341294 70204 SH DFND 1,2 0 70204 0 SNOWFLAKE INC COM SHS 833445109 87021439 341931 SH DFND 1,2 0 330315 0 SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 833635105 19012435 256786 SH DFND 1,2 0 256786 0 SOUTHERN COPPER CORP COM 84265V105 906675 5203 SH DFND 2 0 5203 0 SPACE EXPLORATION TECHN CORP CLASS A COM STK 84615Q103 24907141616 145775147 SH DFND 1,2 13368225 132375952 0 SPOTIFY TECHNOLOGY S A SHS L8681T102 1117115631 2433114 SH DFND 1,2 0 2433114 0 SS&C TECH HLDGS COM 78467J100 34796957 560789 SH DFND 1,2 0 560789 0 STEPSTONE GROUP INC COM CL A 85914M107 34283759 828911 SH DFND 1,2 0 828911 0 STEVANATO GROUP S P A ORD SHS T9224W109 45082319 2494871 SH DFND 1,2 0 2494871 0 STUBHUB HLDGS INC CL A 86384P109 20231061 1571955 SH DFND 1,2 0 1571955 0 SYNOPSYS INC COM 871607107 439379 985 SH DFND 1 0 985 0 TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS 874039100 318872534 667698 SH DFND 1,2 0 650887 0 TANGO THERAPEUTICS INC COM 87583X109 468900 15000 SH DFND 2 0 15000 0 TEMPUS AI INC CL A 88023B103 52383724 904259 SH DFND 1,2 0 904259 0 TENCENT MUSIC ENTMT GROUP SPON ADS 88034P109 20245669 2424631 SH DFND 1,2 0 2424631 0 TERRENO RLTY CORP COM 88146M101 4373594 67525 SH DFND 1,2 0 67525 0 TESLA INC COM 88160R101 5267910691 12524752 SH DFND 1,2 3375000 9141107 0 TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS 881624209 4708880 138987 SH DFND 2 0 138987 0 TEXAS INSTRS INC COM 882508104 14605 49 SH DFND 2 0 49 0 TEXAS ROADHOUSE INC COM 882681109 60147668 311275 SH DFND 1,2 0 311275 0 THE BALDWIN INSURANCE GRP IN COM CL A 05589G102 72095220 2712386 SH DFND 2 0 2712386 0 THERMO FISHER SCIENTIFIC INC COM 883556102 4622038 9219 SH DFND 2 0 9219 0 TOLL BROTHERS INC COM 889478103 166249554 1009102 SH DFND 1,2 0 1009102 0 TRADEWEB MKTS INC CL A 892672106 50911610 510853 SH DFND 1,2 0 510853 0 TRANSCAT INC COM 893529107 17648843 190243 SH DFND 1,2 0 141768 48475 TRANSDIGM GROUP INC COM 893641100 104566472 78501 SH DFND 2 0 78501 0 TRANSUNION COM 89400J107 39246757 544036 SH DFND 1,2 0 544036 0 TWFG INC COM CL A 87318A101 27298939 1135091 SH DFND 1,2 0 1135091 0 UDR INC COM 902653104 14878144 372699 SH DFND 1,2 0 372699 0 UNITEDHEALTH GROUP INC COM 91324P102 4180822 10059 SH DFND 2 0 10059 0 VAIL RESORTS INC COM 91879Q109 889971297 6536697 SH DFND 1,2 0 6465654 71043 VALE S A SPONSORED ADS 91912E105 217689 14474 SH DFND 2 0 14474 0 VEEVA SYS INC CL A COM 922475108 29757460 167676 SH DFND 1,2 0 167676 0 VENTAS INC COM 92276F100 24995690 281483 SH DFND 1,2 0 281483 0 VERACYTE INC COM 92337F107 38214789 650686 SH DFND 1,2 0 650686 0 VERADERMICS INC COM 922967104 28224688 229581 SH DFND 1,2 0 219677 9904 VERISIGN INC COM 92343E102 2849169 11326 SH DFND 1 0 11326 0 VERISK ANALYTICS INC COM 92345Y106 844258676 4702605 SH DFND 1,2 0 4702605 0 VERTEX PHARMACEUTICALS INC COM 92532F100 2980380 6000 SH DFND 2 0 6000 0 VERTIV HOLDINGS CO COM CL A 92537N108 328063667 979821 SH DFND 1,2 0 979821 0 VIKING HOLDINGS LTD ORD SHS G93A5A101 468608 4477 SH DFND 2 0 4477 0 VISA INC COM CL A 92826C839 61780559 180071 SH DFND 1,2 0 180071 0 VISTA ENERGY S.A.B. DE C.V. SPONSORED ADS 92837L109 33382329 523234 SH DFND 1,2 0 523234 0 VOYAGER TECHNOLOGIES INC COM CL A 92892B103 3870000 120000 SH DFND 2 0 120000 0 VSE CORP COM 918284100 22887931 100166 SH DFND 2 0 100166 0 VULCAN MATLS CO COM 929160109 64444344 218448 SH DFND 1,2 0 218448 0 WASTE CONNECTIONS INC COM 94106B101 32324525 193920 SH DFND 2 0 193920 0 WATSCO INC COM 942622200 112100 269 SH DFND 2 0 269 0 WAYSTAR HLDG CORP COM 946784105 36699428 1787600 SH DFND 1,2 0 1787600 0 WELLTOWER INC COM 95040Q104 279640658 1232060 SH DFND 1,2 0 1232060 0 WEST PHARMACEUTICAL SVSC INC COM 955306105 58938466 164174 SH DFND 1,2 0 145438 18736 WEYERHAEUSER CO COM 962166104 10869502 454031 SH DFND 1,2 0 454031 0 WILLIS TOWERS WATSON PLC LTD SHS G96629103 21996115 84157 SH DFND 1,2 0 84157 0 WINGSTOP INC COM 974155103 74594913 430165 SH DFND 1,2 0 430165 0 WYNDHAM HOTELS & RESORTS INC COM 98311A105 2186428 25964 SH DFND 1,2 0 25964 0 WYNN RESORTS LTD COM 983134107 67219096 692338 SH DFND 1,2 0 692338 0 X-ENERGY INC COM CL A 98386P102 12770078 695538 SH DFND 1,2 0 695538 0 XENON PHARMACEUTICALS INC COM 98420N105 1509000 25000 SH DFND 2 0 25000 0 XP INC CL A G98239109 42833198 2634268 SH DFND 1,2 0 2634268 0 XPENG INC ADS 98422D105 13434853 1014717 SH DFND 1,2 0 1014717 0 ZAI LAB LTD ADR 98887Q104 30850186 1623694 SH DFND 1,2 0 1623694 0 ZSCALER INC COM 98980G102 19895516 140953 SH DFND 2 0 133970 0