Institution

Carillon Tower Advisers, Inc.

13F for December 31, 2020, filed February 12, 2021 · SEC CIK 1715163 · Holdings history from December 31, 2017

The latest available holdings for this manager are dated December 31, 2020.

Reported value: $16.4bn
Positions we cover: 385
Copy, a year: +18.8%
Copy Sharpe ratio: 0.75

Copy-performance statistics: February 16, 2018 to May 28, 2021. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Related reporting managers

SEC notices identify these reporting relationships. Each manager retains its own holdings history; changes in reporting scope can involve several managers.

Holdings reported by Eagle Asset Management Inc · SEC notice for March 31, 2021
Holdings reported by Clarivest Asset Management LLC · SEC notice for March 31, 2021
Holdings reported by Scout Investments, Inc. · SEC notice for March 31, 2021
Holdings reported by Chartwell Investment Partners, LLC · SEC notice for September 30, 2022
Holdings reported by Raymond James Financial Inc · SEC notice for December 31, 2024

Holdings date Find a security

469 reported entries for December 31, 2020.

Issuer	Class / type	Reported value	Quantity
NORTON LIFELOCK INC668771108 · GEN	COM	$9.3m	449,402
NORWEGIAN CRUISE LINE HOLDING66721104 · NCLH	COM	$31.8m	1,250,131
NOVARTIS AG66987V109	ADR	$7.2m	75,878
NOVAVAX INC670002401 · NVAX	COM	$10.0m	90,011
NOVO NORDISK A/S670100205 · NVO	ADR	$6.9m	98,386
NOVOCURE LTDG6674U108 · NVCR	COM	$53.8m	310,642
NUANCE COMMUNICATIONS, INC.67020Y100	COM	$13.5m	306,892
NUVASIVE INC.670704105	COM	$21.6m	382,889
NVIDIA CORP67066G104 · NVDA	COM	$13.2m	25,300
NXP SEMICONDUCTORS NVN6596X109 · NXPI	COM	$7.1m	44,525
OLD DOMINION FREIGHT LINE679580100 · ODFL	COM	$73.8m	378,010
OMNICELL INC68213N109 · OMCL	COM	$47.0m	391,747
ON SEMICONDUCTOR CORP.682189105 · ON	COM	$16.7m	509,113
ONE GAS, INC.68235P108 · OGS	COM	$12.5m	162,248
OPEN LENDING CORP68373J104	COM	$1.0m	29,300
OREILLY AUTOMOTIVE, INC.67103H107 · ORLY	COM	$9.4m	20,699
OWENS CORNING690742101 · OC	COM	$24.6m	325,367
PALOMAR HOLDINGS INC69753M105 · PLMR	COM	$16.6m	186,518
PAYCOM SOFTWARE INC70432V102 · PAYC	COM	$18.2m	40,141
PAYPAL HOLDINGS INC70450Y103 · PYPL	COM	$14.2m	60,700
PEGASYSTEMS INC705573103 · PEGA	COM	$112.7m	845,656
PELOTON INTERACTIVE INC70614W100 · PTON	COM	$149.0m	982,143
CARNIVAL CORP.143658300	COM	$27.0m	1,245,093
CARRIER GLOBAL CORPORATION14448C104 · CARR	COM	$10.7m	283,763
CASELLA WASTE SYSTEMS INC-A147448104 · CWST	COM	$6.2m	100,000
CASEYS GEN STORES147528103 · CASY	COM	$47.2m	264,463
CENTERPOINT ENERGY INC15189T107 · CNP	COM	$30.3m	1,398,715
CERTARA INC15687V109 · CERT	COM	$13.3m	394,274
CF INDUSTRIES HOLDINGS, INC.125269100 · CF	COM	$10.7m	275,694
CHANGE HEALTHCARE INC15912K100	COM	$48.9m	2,623,222
CHARLES RIVER LABORATORIES159864107 · CRL	COM	$38.6m	154,537
CHART INDUSTRIES INC16115Q308	COM	$91.4m	775,570
CHEESECAKE FACTORY163072101 · CAKE	COM	$2.6m	70,724
CHEGG INC163092109 · CHGG	COM	$49.5m	548,120
CHEVRON CORP166764100 · CVX	COM	$25.5m	302,488
Chewy Inc16679L109 · CHWY	COM	$21.1m	234,493
CHIPOTLE MEXICAN G169656105 · CMG	COM	$75.8m	54,649
CHUBB LTDH1467J104 · CB	COM	$20.0m	130,183
CISCO SYSTEMS INC17275R102 · CSCO	COM	$27.4m	612,943
CLARIVATE PLCG21810109 · CLVT	COM	$41.1m	1,383,189
CLOUDFLARE INC18915M107 · NET	COM	$2.7m	35,200
CMC MATERIALS INC12571T100	COM	$36.4m	240,836
CME GROUP INC12572Q105 · CME	COM	$7.0m	38,612
CMS ENERGY CORPORATION125896100 · CMS	COM	$15.7m	256,744
CNO FINANCIAL GROUP, INC.12621E103 · CNO	COM	$2.9m	129,751
COCA-COLA CO/THE191216100 · KO	COM	$29.9m	544,568
COGNEX CORP192422103 · CGNX	COM	$158.8m	1,978,419
COHEN & STEERS INC19247A100 · CNS	COM	$6.7m	90,101
COHERENT INC192479103 · COHR	COM	$75.2m	501,013
COMCAST CORP-CLASS A20030N101 · CMCSA	COM	$22.3m	424,831
CONMED CORP207410101 · CNMD	COM	$37.5m	334,488
CONSTELLATION BRANDS INC-A21036P108 · STZ	COM	$55.6m	253,968
COPART INC217204106 · CPRT	COM	$17.1m	134,754
CORE LABORATORIESN22717107	COM	$1.0m	38,310
CORTEVA INC22052L104 · CTVA	COM	$64.6m	1,668,187
COSTAR GROUP INC22160N109 · CSGP	COM	$17.7m	19,191
COSTCO WHOLESALE CORP22160K105 · COST	COM	$5.2m	13,700
COUPA SOFTWARE INC22266L106	COM	$42.2m	124,414
COUSINS PROPERTIES INCORPORATED222795502 · CUZ	REIT	$6.4m	192,517
CRACKER BARREL OLD22410J106 · CBRL	COM	$3.1m	23,199
CREDICORPG2519Y108	COM	$7.2m	43,965
Crowdstrike Holdings Inc22788C105 · CRWD	COM	$322.4m	1,521,873
CROWN CASTLE INTL CORP22822V101 · CCI	COM	$18.3m	114,865
CRYOPORT INC229050307 · CYRX	COM	$14.0m	320,149
CUMMINS INC231021106 · CMI	COM	$2.8m	12,500
CVS HEALTH CORP126650100 · CVS	COM	$3.7m	54,300
D.R. HORTON, INC.23331A109 · DHI	COM	$28.5m	413,257
DANAHER CORP235851102 · DHR	COM	$1.4m	6,200
DARDEN RESTAURANTS, INC.237194105 · DRI	COM	$18.9m	158,350
DARLING INGREDIENTS, INC237266101 · DAR	COM	$24.2m	419,142
DELTA AIR LINES INC247361702 · DAL	COM	$12.5m	312,029
DENALI THERAPEUTICS INC24823R105 · DNLI	COM	$17.6m	209,850
DESCARTES SYS GROUP INC249906108 · DSGX	COM	$5.4m	92,790
DEXCOM INC252131107 · DXCM	COM	$14.3m	38,770
DIAGEO PLC25243Q205	ADR	$8.2m	51,625
DICERNA PHARMACEUTICALS INC253031108	COM	$24.7m	1,120,359
DICK'S SPORTING GOODS INC253393102 · DKS	COM	$1.9m	34,600
DISCOVER FINANCIAL SERVICES254709108	COM	$25.3m	279,454
DOCUSIGN INC256163106 · DOCU	COM	$115.9m	521,196
DOLLAR GENERAL CORPORATION256677105 · DG	COM	$23.1m	109,746
DOMINO'S PIZZA INC25754A201 · DPZ	COM	$2.8m	7,200
DRAFTKINGS INC - CL A26142R104	COM	$60.3m	1,294,500
DXC TECHNOLOGY COMPANY23355L106 · DXC	COM	$20.6m	800,294
DYCOM INDUSTRIES, INC.267475101 · DY	COM	$4.6m	60,392
EAGLE MATERIALS INC.26969P108 · EXP	COM	$28.5m	281,380
EAGLE PHARMACEUTICALS INC269796108	COM	$3.4m	72,136
EASTGROUP PROPERTIES INC277276101 · EGP	COM	$29.6m	214,057
EATON CORPORATION PLCG29183103 · ETN	COM	$25.0m	208,367
EBAY INC.278642103 · EBAY	COM	$23.9m	475,017
EDWARDS LIFESCIENCES CORPORATION28176E108 · EW	COM	$17.7m	194,343
ELASTIC NVN14506104 · ESTC	COM	$101.2m	692,692
ELI LILLY AND CO532457108 · LLY	COM	$23.2m	137,629
EMERGENT BIOSOLUTI29089Q105 · EBS	COM	$36.8m	411,186
ENBRIDGE INC29250N105 · ENB	COM	$6.7m	209,919
ENPHASE ENERGY INC29355A107 · ENPH	COM	$9.1m	51,676
ENTEGRIS INC29362U104 · ENTG	COM	$103.7m	1,078,735
ENVESTNET INC29404K106	COM	$5.1m	62,158
EOG RESOURCES, INC.26875P101 · EOG	COM	$17.3m	346,099
EPLUS INC294268107 · PLUS	COM	$3.6m	41,333
ETSY INC29786A106 · ETSY	COM	$10.8m	60,423

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

CopyS&P 500 $10,000 copying Carillon Tower Advisers, Inc.'s usable filed holdings in companies we cover from February 16, 2018, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −37.2% (S&P 500 −31.8%); beta 1.17; alpha +0.6% a year (t = 0.15); last 12 months +54.8% against +44.5%.

Reported value by quarter

Carillon Tower Advisers, Inc.: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.

View chart data

Period	Reported value
2017-12-31	$9.4B
2018-03-31	$12.9B
2018-06-30	$12.7B
2018-09-30	$13.9B
2018-12-31	$11.8B
2019-03-31	$14.1B
2019-06-30	$14.6B
2019-09-30	$14.4B
2020-06-30	$13B
2020-09-30	$7.5B
2020-12-31	$16.4B

Latest covered holdings and moves

Covered holdings as of December 31, 2020.

Company	Share of portfolio	Value	Shares	Change in shares
CRWDCrowdStrike	1.96%	$322.4m	1.52M	+270.5% Added
RNGRingcentral, Inc.	1.25%	$204.4m	539.3K	+8645.7% Added
POOLPool Corp	1.24%	$203.5m	546.2K	+291.5% Added
PINSPinterest, Inc.	1.21%	$199.1m	3.02M	New
SNPSSynopsys Inc	1.16%	$190.2m	733.5K	+1480.8% Added
ALGNAlign Technology	1.14%	$187.5m	350.8K	+1697.2% Added
CGNXCognex Corp	0.97%	$158.8m	1.98M	+199.0% Added
WCNWaste Connections, Inc.	0.92%	$150.9m	1.47M	New
MSCIMSCI	0.91%	$149.9m	335.6K	New
PTONPeloton Interactive, Inc.	0.91%	$149.0m	982.1K	+3354.0% Added
TYLTyler Technologies Inc	0.91%	$148.6m	340.4K	New
GPNGlobal Payments	0.86%	$142.0m	659.0K	+3098.9% Added
IDXXIdexx Laboratories	0.86%	$141.2m	282.6K	+1790.0% Added
AMDAdvanced Micro Devices	0.85%	$139.1m	1.52M	+498.8% Added
GWWW. W. Grainger	0.82%	$134.7m	329.9K	+266.9% Added
MKTXMarketaxess Holdings Inc	0.78%	$128.3m	224.9K	+1348.8% Added
BURLBurlington Stores, Inc.	0.72%	$117.8m	450.3K	+1502.4% Added
SBACSBA Communications	0.71%	$116.7m	413.6K	New
LULULululemon Athletica	0.71%	$116.5m	334.7K	+956.8% Added
DOCUDocusign, Inc.	0.71%	$115.9m	521.2K	+551.0% Added
LPLALPL Financial Holdings Inc.	0.70%	$115.7m	1.11M	+258.5% Added
TRUTransunion	0.69%	$112.7m	1.14M	New
PEGAPegasystems Inc	0.69%	$112.7m	845.7K	−10.5% Reduced
MLMMartin Marietta Materials	0.65%	$107.0m	376.9K	+358.4% Added
ENTGEntegris Inc	0.63%	$103.7m	1.08M	−36.4% Reduced
CZRCaesars Entertainment, Inc.	0.62%	$101.6m	1.37M	+2596.6% Added
ESTCElastic N.V.	0.62%	$101.2m	692.7K	New
PODDInsulet Corporation	0.62%	$101.2m	395.9K	+97.8% Added
KWRQuaker Chemical Corp	0.59%	$97.6m	385.2K	−10.7% Reduced
ALBAlbemarle Corporation	0.59%	$97.1m	658.3K	+326.7% Added
KEYSKeysight Technologies	0.58%	$95.3m	721.8K	+342.6% Added
FBINFortune Brands Innovations, Inc.	0.58%	$95.0m	1.11M	New
URIUnited Rentals	0.58%	$94.9m	409.2K	+215.6% Added
BMRNBiomarin Pharmaceutical Inc	0.58%	$94.8m	1.09M	+295.6% Added
VEEVVeeva Systems Inc	0.58%	$94.5m	347.2K	+745.9% Added
LHXL3Harris	0.56%	$92.3m	488.5K	+472.2% Added
RCLRoyal Caribbean Group	0.55%	$90.6m	1.21M	+51.4% Added
MCHPMicrochip Technology Inc	0.53%	$87.0m	630.1K	New
BKRBaker Hughes	0.53%	$86.3m	4.14M	+142.1% Added
TTWOTake TWO Interactive Software Inc	0.52%	$86.0m	413.7K	+423.8% Added
MNSTMonster Beverage	0.52%	$85.7m	926.9K	New
WDAYWorkday, Inc.	0.49%	$81.0m	338.4K	+327.8% Added
SHOPShopify Inc.	0.49%	$80.4m	71.0K	New
FNDFloor & Decor Holdings, Inc.	0.49%	$79.9m	860.7K	−11.2% Reduced
FICOFair Isaac	0.48%	$78.7m	154.0K	New
MSFTMicrosoft Corporation	0.47%	$76.9m	345.7K	−1.7% Reduced
CMGChipotle Mexican Grill	0.46%	$75.8m	54.6K	+354.2% Added
COHRCoherent Corp.	0.46%	$75.2m	501.0K	+60.9% Added
LITELumentum	0.45%	$74.2m	783.1K	−3.5% Reduced
ODFLOld Dominion	0.45%	$73.8m	378.0K	New
MCOMoody's Corporation	0.44%	$72.2m	248.8K	+794.1% Added
NOWServiceNow	0.44%	$72.0m	130.9K	+646.2% Added
FIVNFive9, Inc.	0.44%	$71.9m	412.0K	+2895.7% Added
LSTRLandstar System Inc	0.43%	$70.7m	525.2K	−7.1% Reduced
ROKURoku, Inc	0.43%	$70.3m	211.7K	−3.0% Reduced
RMDResMed\|	0.42%	$68.7m	323.2K	New
LENLennar	0.41%	$68.2m	894.6K	+1682.0% Added
RGENRepligen Corp	0.41%	$67.9m	354.6K	+67.7% Added
WABWabtec	0.40%	$66.3m	905.9K	New
BALLBall Corporation	0.40%	$65.2m	700.1K	New
CTVACorteva, Inc.	0.39%	$64.6m	1.67M	New
PLNTPlanet Fitness, Inc.	0.39%	$63.6m	819.1K	+54.1% Added
ZTSZoetis	0.39%	$63.3m	382.7K	New
NEONeogenomics Inc	0.39%	$63.2m	1.17M	−6.4% Reduced
PTCPTC Inc.	0.38%	$62.7m	523.9K	New
AZOAutoZone	0.38%	$62.6m	52.8K	+1786.2% Added
UEICUniversal Electronics Inc	0.38%	$62.3m	1.19M	−10.8% Reduced
TDOCTeladoc Health, Inc.	0.37%	$60.4m	302.1K	+40.9% Added
ALLYAlly Financial Inc.	0.36%	$59.8m	1.68M	+7.2% Added
OLEDUniversal Display Corp \pa\	0.35%	$58.4m	254.0K	+304.3% Added
WWDWoodward, Inc.	0.35%	$57.5m	473.1K	−10.8% Reduced
MRNAModerna	0.35%	$57.5m	550.2K	New
WSTWest Pharmaceutical Services	0.35%	$57.3m	202.2K	New
HALOHalozyme Therapeutics, Inc.	0.34%	$56.2m	1.32M	−4.8% Reduced
MTDMettler Toledo	0.34%	$56.1m	49.2K	+570.7% Added
LEALear Corp	0.34%	$55.8m	350.8K	−11.0% Reduced
STZConstellation Brands	0.34%	$55.6m	254.0K	New
EVREvercore Inc.	0.33%	$54.8m	499.7K	−10.6% Reduced
NVCRNovocure Ltd	0.33%	$53.8m	310.6K	+298.8% Added
PENNPenn Entertainment, Inc.	0.33%	$53.4m	618.8K	0.0%
SPOTSpotify Technology S.a.	0.32%	$53.2m	169.1K	+209.7% Added
MCKMcKesson	0.32%	$53.1m	305.2K	+1339.5% Added
TGTXTG Therapeutics, Inc.	0.31%	$51.6m	992.0K	−4.7% Reduced
MTNVail Resorts Inc	0.31%	$50.3m	180.2K	+172.9% Added
LNCLincoln National Corp	0.31%	$50.2m	997.5K	+51.1% Added
AAPLApple Inc.	0.30%	$49.7m	374.4K	−8.7% Reduced
CHGGChegg, Inc	0.30%	$49.5m	548.1K	−7.0% Reduced
CASYCasey's	0.29%	$47.2m	264.5K	−3.4% Reduced
OMCLOmnicell, Inc.	0.29%	$47.0m	391.7K	−16.8% Reduced
SRPTSarepta Therapeutics, Inc.	0.27%	$44.9m	263.3K	New
PJTPJT Partners Inc.	0.27%	$44.5m	591.7K	−13.8% Reduced
GHGuardant Health, Inc.	0.26%	$43.2m	335.5K	New
MAAMid-America Apartment Communities	0.26%	$42.7m	337.3K	−2.4% Reduced
WINGWingstop Inc.	0.26%	$42.0m	316.8K	−5.9% Reduced
HZOMarinemax Inc	0.25%	$41.7m	1.19M	−13.8% Reduced
CLVTClarivate PLC	0.25%	$41.1m	1.38M	New
SWKSSkyworks Solutions, Inc.	0.24%	$40.2m	263.1K	+35.9% Added
TREXTrex Co Inc	0.24%	$39.8m	475.6K	−19.1% Reduced
AVTRAvantor, Inc.	0.24%	$39.6m	1.41M	New
SLABSilicon Laboratories Inc.	0.24%	$39.1m	307.0K	−3.8% Reduced
CRLCharles River Laboratories	0.23%	$38.6m	154.5K	New
TGTTarget Corporation	0.23%	$38.3m	216.9K	−0.6% Reduced
ARWRArrowhead Pharmaceuticals, Inc.	0.23%	$37.6m	490.3K	−8.9% Reduced
CNMDConmed Corp	0.23%	$37.5m	334.5K	+99.3% Added
TXNTexas Instruments	0.23%	$36.9m	224.9K	−0.5% Reduced
EBSEmergent Biosolutions Inc.	0.22%	$36.8m	411.2K	+3.1% Added
HDThe Home Depot	0.22%	$36.2m	136.3K	−3.9% Reduced
EVHEvolent Health, Inc.	0.22%	$36.0m	2.25M	−3.0% Reduced
AMZNAmazon	0.22%	$35.8m	11.0K	−3.5% Reduced
INSMInsmed Inc	0.22%	$35.8m	1.07M	−7.7% Reduced
PLDPrologis	0.22%	$35.5m	356.7K	−7.8% Reduced
SMPLSimply Good Foods Co	0.22%	$35.5m	1.13M	−9.2% Reduced
SIRISirius XM Holdings Inc.	0.22%	$35.4m	5.56M	New
MEDPMedpace Holdings, Inc.	0.21%	$35.4m	254.2K	+329.3% Added
QTWOQ2 Holdings, Inc.	0.21%	$34.8m	275.0K	−90.4% Reduced
AVGOBroadcom	0.21%	$34.2m	78.0K	+999.2% Added
CFGCitizens Financial Group	0.21%	$33.8m	945.4K	+4.3% Added
PGProcter & Gamble	0.20%	$32.9m	236.3K	−0.4%
ATRCAtricure, Inc.	0.20%	$32.8m	588.6K	+62.7% Added
STAGStag Industrial, Inc.	0.20%	$32.6m	1.04M	New
NTRANatera, Inc.	0.19%	$31.9m	320.6K	−6.6% Reduced
HUNHuntsman Corp	0.19%	$31.9m	1.27M	+0.2%
NCLHNorwegian Cruise Line Holdings	0.19%	$31.8m	1.25M	New
JBTMJBT Marel Corp	0.19%	$31.8m	279.1K	−9.1% Reduced
EVRGEvergy	0.19%	$30.7m	552.7K	+89.9% Added
MPCMarathon Petroleum	0.19%	$30.5m	737.8K	+13.0% Added
GOGrocery Outlet Holding Corp.	0.18%	$30.4m	773.4K	−3.5% Reduced
CNPCenterPoint Energy	0.18%	$30.3m	1.40M	−7.1% Reduced
GGGGraco Inc	0.18%	$30.3m	418.1K	−18.9% Reduced
JPMJPMorgan Chase	0.18%	$29.9m	235.7K	0.0%
KOThe Coca-Cola Company	0.18%	$29.9m	544.6K	+15.7% Added
GRMNGarmin	0.18%	$29.6m	247.6K	0.0%
HSTHost Hotels & Resorts	0.18%	$29.6m	2.02M	−4.1% Reduced
EGPEastgroup Properties Inc	0.18%	$29.6m	214.1K	+4.7% Added
TNDMTandem Diabetes Care Inc	0.18%	$29.4m	306.9K	−1.6% Reduced
GNRCGenerac	0.18%	$29.2m	128.5K	−13.6% Reduced
KNSLKinsale Capital Group, Inc.	0.18%	$29.2m	145.7K	+8.6% Added
RSIRush Street Interactive, Inc.	0.18%	$29.0m	1.34M	New
EGEverest Group	0.17%	$28.7m	122.7K	+155.7% Added
EXPEagle Materials Inc	0.17%	$28.5m	281.4K	−14.6% Reduced
DHID. R. Horton	0.17%	$28.5m	413.3K	−22.8% Reduced
VZVerizon	0.17%	$28.5m	484.4K	0.0%
MCDMcDonald's	0.17%	$28.3m	131.9K	0.0%
RAREUltragenyx Pharmaceutical Inc.	0.17%	$28.0m	202.0K	−7.9% Reduced
CSCOCisco	0.17%	$27.4m	612.9K	+13.9% Added
MDTMedtronic	0.17%	$27.4m	234.1K	0.0%
PEPPepsiCo	0.17%	$27.3m	184.1K	0.0%
BCBrunswick Corp	0.16%	$26.9m	353.4K	−12.6% Reduced
KLACKLA Corporation	0.16%	$26.8m	103.5K	−0.7% Reduced
JBLUJetblue Airways Corp	0.16%	$26.8m	1.84M	−17.3% Reduced

Company	Bought (value)	Shares
CRWDCrowdStrike	$235.4m	1.11M
RNGRingcentral, Inc.	$202.0m	533.1K
PINSPinterest, Inc.	$199.1m	3.02M
SNPSSynopsys Inc	$178.1m	687.1K
ALGNAlign Technology	$177.0m	331.3K
POOLPool Corp	$151.5m	406.7K
WCNWaste Connections, Inc.	$150.9m	1.47M
MSCIMSCI	$149.9m	335.6K
TYLTyler Technologies Inc	$148.6m	340.4K
PTONPeloton Interactive, Inc.	$144.7m	953.7K
GPNGlobal Payments	$137.5m	638.4K
IDXXIdexx Laboratories	$133.8m	267.6K
MKTXMarketaxess Holdings Inc	$119.5m	209.4K
SBACSBA Communications	$116.7m	413.6K
AMDAdvanced Micro Devices	$115.9m	1.26M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
QTWOQ2 Holdings, Inc.	−$326.5m	−2.58M
ENTGEntegris Inc	−$59.3m	−617.5K
PENPenumbra Inc	−$28.8m	−148.0K
IRTCIrhythm Holdings, Inc.	−$28.6m	−120.0K
KURAKura Oncology, Inc.	−$19.1m	−584.5K
PAYXPaychex	−$15.8m	−198.5K
FRPTFreshpet, Inc.	−$15.4m	−138.0K
PEGAPegasystems Inc	−$13.3m	−99.6K
APDAir Products	−$12.8m	−46.8K
AMGNAmgen	−$12.5m	−54.2K
KWRQuaker Chemical Corp	−$11.7m	−46.1K
PHMPulteGroup	−$11.7m	−270.8K
INSPInspire Medical Systems, Inc.	−$11.5m	−61.3K
AEMAgnico Eagle Mines LTD	−$11.2m	−140.4K
CLXClorox	−$10.9m	−52.1K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
PENPenumbra Inc	$28.8m	148.0K
IRTCIrhythm Holdings, Inc.	$28.6m	120.0K
PAYXPaychex	$15.8m	198.5K
FRPTFreshpet, Inc.	$15.4m	138.0K
AEMAgnico Eagle Mines LTD	$11.2m	140.4K
CLXClorox	$10.9m	52.1K
LAMRLamar Advertising Co	$10.8m	163.8K
SYYSysco	$8.5m	136.6K
TSNTyson Foods	$7.7m	129.3K
MOHMolina Healthcare, Inc.	$5.1m	27.7K
LNTAlliant Energy	$4.2m	80.7K
MASMasco	$3.6m	65.8K
CNCCentene Corporation	$3.5m	59.8K
NOCNorthrop Grumman	$2.3m	7.4K
BANDBandwidth Inc.	$2.1m	12.2K
BNYBNY Mellon	$1.9m	55.2K
SFMSprouts Farmers Market, Inc.	$1.8m	85.5K
VRTVertiv	$1.6m	94.4K
APPFAppfolio Inc	$1.0m	7.3K
AVAVAerovironment Inc	$694,000	11.6K

Technology25.0%
Health Care18.7%
Consumer Discretionary15.5%
Industrials13.1%
Financials9.5%
Communication Services4.5%
Materials4.4%
Consumer Staples3.7%
Real Estate2.9%
Energy1.4%
Utilities1.2%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 16, 2018 to May 28, 2021	+18.8%	+16.1%	0.75	0.76	−37.2%	1.17
Last three yearsJune 1, 2018 to May 28, 2021	+19.3%	+17.6%	0.75	0.80	−37.2%	1.19
Last yearMay 29, 2020 to May 28, 2021	+49.5%	+40.4%	2.04	2.06	−7.7%	1.09

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.