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
ADVANCED ENERGY INDUSTRIES ORD COM 007973100   124,145,202 332,945 SH   SOLE   332,945 0 0
AMPHENOL CL A ORD CL A 032095101   142,800,334 809,893 SH   SOLE   809,893 0 0
ANALOG DEVICES ORD COM 032654105   114,163,736 287,443 SH   SOLE   287,443 0 0
APPLIED MATERIAL ORD COM 038222105   158,781,645 219,615 SH   SOLE   219,615 0 0
ASTERA LABS ORD COM 04626A103   122,503,049 253,619 SH   SOLE   253,619 0 0
BROADCOM ORD COM 11135F101   98,409,919 260,516 SH   SOLE   260,516 0 0
CIENA ORD COM NEW 171779309   110,963,691 226,198 SH   SOLE   226,198 0 0
FABRINET ORD SHS G3323L100   63,344,168 112,696 SH   SOLE   112,696 0 0
HEWLETT PACKARD ENTERPRISE ORD COM 42824C109   105,658,266 2,342,236 SH   SOLE   2,342,236 0 0
INSIGHT ENTERPRISES ORD COM 45765U103   94,025,459 771,966 SH   SOLE   771,966 0 0
LUMENTUM HOLDINGS ORD COM 55024U109   109,049,129 127,088 SH   SOLE   127,088 0 0
MACOM TECHNOLOGY SOLUTIONS ORD COM 55405Y100   112,700,968 296,293 SH   SOLE   296,293 0 0
MARVELL TECHNOLOGY ORD COM 573874104   104,142,046 349,599 SH   SOLE   349,599 0 0
MICRON TECHNOLOGY ORD COM 595112103   137,509,413 119,129 SH   SOLE   119,129 0 0
MOTOROLA SOLUTIONS ORD COM NEW 620076307   56,775,957 136,714 SH   SOLE   136,714 0 0
NEBIUS CL A ORD SHS CLASS A N97284108   98,366,507 356,181 SH   SOLE   356,181 0 0
NVIDIA ORD COM 67066G104   135,599,792 677,694 SH   SOLE   677,694 0 0
ONTO INNOVATION ORD COM 683344105   126,183,556 333,422 SH   SOLE   333,422 0 0
SANDISK ORD COM 80004C200   65,799,472 28,939 SH   SOLE   28,939 0 0
SILICON MOTION TECHNO ADR REP 4 ORD SPONSORED ADR 82706C108   120,832,792 362,502 SH   SOLE   362,502 0 0
STMICROELECTRONICS ADR NY REGISTRY 861012102   77,189,048 1,030,699 SH   SOLE   1,030,699 0 0
TAIWAN SEMICONDUCTOR MNFTG ADR 5 ORD SPONSORED ADR 874039100   141,593,297 296,487 SH   SOLE   296,487 0 0
TOWER SEMICONDUCTOR ORD SHS NEW M87915274   93,767,325 359,758 SH   SOLE   359,758 0 0
TTM TECHNOLOGIES ORD COM 87305R109   109,481,695 585,401 SH   SOLE   585,401 0 0
VIAVI SOLUTIONS ORD COM 925550105   108,252,449 2,267,067 SH   SOLE   2,267,067 0 0