2020 Q1

BUY Hostelworld Group plc @ 63.7 GBX +8% BUY XPO Logistics, Inc @ 62.8 USD +23%

LONG Allegion plc @ 98.0 USD +15% LONG Alphabet Inc @ 1264.8 USD +124% LONG Amazon.com, Inc @ 2156.8 USD +53% See 12 more → LONG Costco Wholesale Corporation @ 302.0 USD +84% LONG Edwards Lifesciences Corporation @ 68.5 USD +64% LONG Facebook, Inc @ 185.6 USD +19% LONG Intuitive Surgical, Inc @ 505.8 USD -43% LONG Microsoft Corporation @ 167.1 USD +82% LONG Monster Beverage Corporation @ 61.6 USD +28% LONG Motorola Solutions, Inc @ 144.0 USD +61% LONG PayPal Holdings, Inc @ 116.6 USD -2% LONG Regeneron Pharmaceuticals, Inc @ 518.1 USD +31% LONG UnitedHealth Group Incorporated @ 269.1 USD +91% LONG Vertex Pharmaceuticals Incorporated @ 250.5 USD +1% LONG Zoetis Inc @ 124.3 USD +52% ← Show less

BUY Carvana Co @ 72.5 USD +77% LONG Chicken Soup for the Soul Entertainment, Inc @ 7.8 USD +16% LONG Digital Turbine, Inc @ 5.5 USD +667% See 8 more → LONG Kaleyra, Inc @ 7.5 USD -12% LONG KKR & Co. Inc @ 26.8 USD +119% LONG Optiva Inc @ 26.3 CAD +31% LONG PAR Technology Corporation @ 21.7 USD +85% BUY Pinterest, Inc @ 18.4 USD +39% BUY Roku, Inc @ 107.7 USD +15% LONG SharpSpring, Inc @ 9.4 USD +78% BUY Uber Technologies, Inc @ 30.9 USD +10% ← Show less

LONG Electromed, Inc @ 10.7 USD +20% LONG Emisphere Technologies, Inc @ 6.9 USD +16262% LONG Knight Therapeutics Inc @ 6.9 CAD -22% See 1 more → LONG Taro Pharmaceutical Industries Ltd @ 70.0 USD -35% ← Show less

LONG Alibaba Group Holding Limited @ 204.2 USD -45% LONG Continental Aktiengesellschaft @ 90.5 USD -18% LONG Gilead Sciences, Inc @ 70.4 USD -16% See 9 more → LONG JD.com, Inc @ 40.7 USD +47% LONG Lowe's Companies, Inc @ 103.0 USD +107% LONG Microsoft Corporation @ 164.6 USD +85% LONG Nordstrom, Inc @ 28.5 USD -5% LONG Roche Holding AG @ 319.1 USD +31% LONG TechnipFMC plc @ 12.0 USD -35% LONG Tencent Holdings Limited @ 49.4 USD -7% LONG T-Mobile US, Inc @ 86.0 USD +45% LONG Uber Technologies, Inc @ 31.5 USD +8% ← Show less

LONG Adobe Inc @ 338.4 USD +28% LONG Alcon Inc @ 56.4 USD +35% LONG Analog Devices, Inc @ 104.6 USD +58% See 11 more → LONG Becton, Dickinson and Company @ 246.5 USD +8% LONG Charter Communications, Inc @ 482.0 USD +16% LONG Danaher Corporation @ 149.3 USD +93% LONG Jacobs Engineering Group Inc @ 89.0 USD +55% LONG Linde plc @ 191.0 USD +67% LONG Lowe's Companies, Inc @ 103.8 USD +105% LONG Novartis AG @ 85.9 USD +1% LONG PPG Industries, Inc @ 103.7 USD +25% LONG The TJX Companies, Inc @ 55.0 USD +11% LONG Varian Medical Systems, Inc @ 125.6 USD +40% LONG Visa Inc @ 183.6 USD +19% ← Show less

LONG Berry Global Group, Inc @ 38.7 USD +52% LONG Ingersoll Rand Inc @ 29.4 USD +70% LONG Magna International Inc @ 43.0 USD +48% See 6 more → LONG PRA Group, Inc @ 33.4 USD +35% LONG Premium Brands Holdings Corporation @ 87.3 CAD +16% LONG SS&C Technologies Holdings, Inc @ 54.4 USD +42% LONG TFI International Inc @ 38.4 CAD +85% LONG The Middleby Corporation @ 91.8 USD +80% LONG Urban Outfitters, Inc @ 21.8 USD +17% ← Show less

LONG Africa Oil Corp @ 1.2 CAD +4% LONG ARC Resources Ltd @ 4.1 USD +239% SHORT CSX Corporation @ 68.2 USD -46% See 7 more → SHORT Deere & Company @ 152.7 USD +186% LONG Equinor ASA @ 14.6 USD +158% LONG GrafTech International Ltd @ 9.2 USD +10% LONG Star Bulk Carriers Corp @ 7.7 USD +283% SHORT Sunrun Inc @ 15.9 USD +97% SHORT Union Pacific Corporation @ 159.9 USD +71% LONG Vestas Wind Systems A/S @ 30.6 USD -69% ← Show less

LONG Alphabet Inc @ 1331.9 USD +113% LONG CenturyLink, Inc @ 11.7 USD -10% LONG CNH Industrial N.V @ 8.2 USD +106% See 8 more → LONG CNX Resources Corporation @ 6.6 USD +228% LONG DuPont de Nemours, Inc @ 45.6 USD +69% LONG Fairfax Financial Holdings Limited @ 539.7 CAD -14% LONG General Electric Company @ 10.1 USD +827% LONG Hyatt Hotels Corporation @ 71.1 USD +34% LONG Mattel, Inc @ 11.7 USD +96% LONG Park Hotels & Resorts Inc @ 16.1 USD +19% LONG Raytheon Technologies Corporation @ 79.6 USD +29% ← Show less

LONG Amazon.com, Inc @ 1944.0 USD +70% LONG Bill.com Holdings, Inc @ 47.0 USD +367% LONG DexCom, Inc @ 252.4 USD +91% See 10 more → LONG Exact Sciences Corporation @ 77.2 USD -14% LONG Illumina, Inc @ 282.1 USD +21% LONG Intuitive Surgical, Inc @ 538.5 USD -47% LONG Lockheed Martin Corporation @ 383.8 USD +18% LONG Mastercard Incorporated @ 291.4 USD +20% LONG Pinterest, Inc @ 19.0 USD +34% LONG RingCentral, Inc @ 209.6 USD -44% LONG The Walt Disney Company @ 121.5 USD +15% LONG Twitter, Inc @ 31.5 USD +22% LONG Uber Technologies, Inc @ 32.1 USD +6% ← Show less

SHORT eHealth, Inc @ 116.9 USD -90%

LONG Alimentation Couche-Tard Inc @ 40.6 CAD +5% LONG Babcock International Group PLC @ 481.8 GBP -39% LONG Bayerische Motoren Werke AG @ 60.3 USD +40% See 12 more → LONG Berkshire Hathaway Inc @ 312742.8 USD +72% LONG Burford Capital Limited @ 525.5 GBX +43% LONG Credit Acceptance Corporation @ 385.8 USD +37% LONG Crest Nicholson Holdings plc @ 362.7 GBP -7% LONG Laboratory Corporation of America Holdings @ 163.5 USD +68% LONG Magna International Inc @ 43.4 USD +46% LONG Markel Corporation @ 1120.9 USD +34% LONG Samsung Electronics Co Ltd GDR @ 1150.4 USD LONG Sberbank of Russia @ 13.7 USD -96% LONG S&U plc @ 1962.6 GBP +30% LONG Teekay LNG Partners L.P @ 11.5 USD +47% LONG WH Smith PLC @ 1906.2 GBP -30% ← Show less

LONG American Tower Corporation (REIT) @ 230.7 USD +4% LONG CarMax, Inc @ 81.5 USD +19% LONG Constellation Software Inc @ 1346.2 CAD +22% See 7 more → LONG Markel Corporation @ 1120.9 USD +34% LONG Mastercard Incorporated @ 292.0 USD +20% LONG Moody's Corporation @ 239.8 USD +38% LONG O'Reilly Automotive, Inc @ 372.9 USD +89% LONG Roper Technologies, Inc @ 348.5 USD +34% LONG SBA Communications Corporation (REIT) @ 266.2 USD +24% LONG Visa Inc @ 185.4 USD +18% ← Show less

LONG Agilent Technologies, Inc @ 79.0 USD +72% LONG Berkshire Hathaway Inc @ 313571.2 USD +72% LONG Chipotle Mexican Grill, Inc @ 775.0 USD +101% See 7 more → LONG Federal National Mortgage Association @ 2.7 USD -70% LONG Freddie Mac @ 2.5 USD -68% LONG Hilton Worldwide Holdings Inc @ 93.6 USD +62% LONG Lowe's Companies, Inc @ 106.0 USD +101% LONG Restaurant Brands International Inc @ 72.1 CAD +13% LONG Starbucks Corporation @ 78.6 USD +11% LONG The Howard Hughes Corporation @ 99.4 USD +2% ← Show less

LONG Booking Holdings Inc @ 1698.9 USD +32% LONG CDW Corporation @ 118.2 USD +49% LONG Edwards Lifesciences Corporation @ 71.0 USD +58% See 8 more → LONG Electronic Arts Inc @ 104.9 USD +21% LONG Facebook, Inc @ 192.1 USD +15% LONG Keysight Technologies, Inc @ 93.8 USD +71% LONG Microsoft Corporation @ 163.6 USD +86% LONG Motorola Solutions, Inc @ 163.9 USD +42% LONG NVIDIA Corporation @ 253.2 USD +9% LONG Starbucks Corporation @ 78.6 USD +11% LONG Visa Inc @ 185.6 USD +18% ← Show less

SHORT iQIYI, Inc @ 16.8 USD -74%

LONG Charter Communications, Inc @ 484.9 USD +15% LONG Constellation Brands, Inc @ 171.6 USD +34% LONG Electronic Arts Inc @ 104.9 USD +21% See 13 more → LONG Facebook, Inc @ 192.1 USD +15% LONG Floor & Decor Holdings, Inc @ 45.1 USD +95% LONG Intuit Inc @ 267.1 USD +72% LONG Intuitive Surgical, Inc @ 540.9 USD -47% LONG Lululemon Athletica Inc @ 220.3 USD +46% LONG Match Group, Inc @ USD LONG Microsoft Corporation @ 163.6 USD +86% LONG Netflix, Inc @ 356.5 USD +5% LONG ServiceNow, Inc @ 309.9 USD +81% LONG Splunk Inc @ 143.9 USD -1% LONG Teleperformance SE @ 223.3 USD +66% LONG The New York Times Company @ 34.0 USD +38% LONG Visa Inc @ 185.6 USD +18% ← Show less

LONG Alphabet Inc @ 1341.6 USD +111% LONG Arista Networks, Inc @ 207.2 USD -33% LONG Berkshire Hathaway Inc @ 314558.5 USD +71% See 11 more → LONG Booking Holdings Inc @ 1709.9 USD +31% LONG CarMax, Inc @ 82.3 USD +18% LONG Constellation Software Inc @ 1346.9 CAD +22% LONG Credit Acceptance Corporation @ 391.1 USD +35% LONG Facebook, Inc @ 192.8 USD +15% LONG Jacobs Engineering Group Inc @ 90.0 USD +53% LONG Liberty Broadband Corporation @ 121.2 USD +10% LONG Mastercard Incorporated @ 293.2 USD +19% LONG The Charles Schwab Corporation @ 40.9 USD +123% LONG UnitedHealth Group Incorporated @ 270.1 USD +90% LONG Wayfair Inc @ 74.3 USD +54% ← Show less

SHORT Cubic Corporation @ 57.0 USD +12%

SHORT WD-40 Company @ 187.1 USD -1%

LONG Alviva Holdings Limited @ 530 ZAR +192% LONG Balwin Properties Limited @ 262 ZAR +30% LONG Cartrack Holdings Limited @ 2356.0 ZAR +117% See 2 more → LONG PSG Group Limited @ 130 ZAR +6312% LONG Stadio Holdings Limited @ 120 ZAR +179% ← Show less

BUY GMS Inc @ 23.5 USD +114%

LONG Agilent Technologies, Inc @ 80.0 USD +70% LONG Aon Plc @ 204.1 USD +58% LONG Arthur J. Gallagher & Co @ 95.0 USD +77% See 16 more → LONG Cerner Corporation @ 70.7 USD +32% LONG CME Group Inc @ 197.6 USD +25% LONG Comcast Corporation @ 41.7 USD +13% LONG Costco Wholesale Corporation @ 302.5 USD +84% LONG Danaher Corporation @ 151.7 USD +90% LONG Eurofins Scientific SE @ 12.9 USD -32% LONG Ferrovial, S.A @ 29.2 USD -14% LONG Fiserv, Inc @ 111.1 USD -10% LONG HDFC Bank Limited @ 53.8 USD +12% LONG Intercontinental Exchange, Inc @ 90.1 USD +50% LONG Intuit Inc @ 270.1 USD +70% LONG RELX PLC @ 1861.4 GBP +26% LONG Scout24 AG @ 66.4 USD -6% LONG Sony Corporation @ 65.3 USD +59% LONG S&P Global Inc @ 273.3 USD +51% LONG Synopsys, Inc @ 142.2 USD +124% ← Show less

LONG Amadeus IT Group, S.A @ 70.0 USD -8% LONG InterContinental Hotels Group PLC @ 4272.1 GBX +6% LONG Mastercard Incorporated @ 296.8 USD +18% See 4 more → LONG Microsoft Corporation @ 163.8 USD +85% LONG Reckitt Benckiser Group plc @ 5995.3 GBX +5% LONG The Clorox Company @ 164.0 USD -17% LONG Visa Inc @ 187.9 USD +16% ← Show less

LONG BlackLine, Inc @ 58.5 USD +24% LONG Chipotle Mexican Grill, Inc @ 790.5 USD +97% LONG Fastenal Company @ 34.9 USD +65% See 8 more → LONG Ferrari N.V @ 161.2 USD +32% LONG First American Financial Corporation @ 56.4 USD +20% LONG First Republic Bank @ 105.6 USD +58% LONG Intuitive Surgical, Inc @ 549.5 USD -48% LONG Netflix, Inc @ 353.8 USD +6% LONG NVR, Inc @ 3586.0 USD +30% LONG The Charles Schwab Corporation @ 41.7 USD +119% LONG The Home Depot, Inc @ 217.1 USD +43% ← Show less

LONG Bayerische Motoren Werke AG @ 62.7 USD +34% LONG Deutsche Bank Aktiengesellschaft @ 8.3 USD +55% LONG FedEx Corporation @ 139.6 USD +62% See 4 more → LONG Hawaiian Holdings, Inc @ 22.7 USD -18% LONG Interfor Corporation @ 12.3 CAD +95% LONG Old Republic International Corporation @ 20.1 USD +30% LONG Vornado Realty Trust @ 55.8 USD -16% ← Show less

LONG Ameren Corporation @ 78.4 USD +16% LONG Aptiv PLC @ 78.4 USD +51% LONG Atlassian Corporation Plc @ 139.8 USD +103% See 12 more → LONG Boston Scientific Corporation @ 39.1 USD +11% LONG Catalent, Inc @ 54.6 USD +96% LONG CMS Energy Corporation @ 63.4 USD +9% LONG Datadog, Inc @ 41.2 USD +256% LONG Exact Sciences Corporation @ 81.2 USD -18% LONG Fidelity National Information Services, Inc @ 138.2 USD -29% LONG Global Payments Inc @ 182.4 USD -25% LONG Halozyme Therapeutics, Inc @ 19.0 USD +101% LONG Lululemon Athletica Inc @ 223.7 USD +44% LONG Tradeweb Markets Inc @ 45.7 USD +93% LONG ZOOM Technologies, Inc @ 4.2 USD -100% LONG Zscaler, Inc @ 55.0 USD +318% ← Show less

LONG Clarivate Plc @ 20.0 USD +54% LONG CoStar Group, Inc @ 651.7 USD -90% LONG DexCom, Inc @ 248.9 USD +93% See 12 more → LONG Equinix, Inc. (REIT) @ 594.5 USD +19% LONG Fair Isaac Corporation @ 368.3 USD +24% LONG Gartner, Inc @ 137.0 USD +116% LONG GDS Holdings Limited @ 55.8 USD -32% LONG Guidewire Software, Inc @ 104.5 USD -12% LONG MSCI Inc @ 282.3 USD +74% LONG RingCentral, Inc @ 206.0 USD -43% LONG SBA Communications Corporation (REIT) @ 263.1 USD +25% LONG TransUnion @ 86.2 USD +17% LONG Vail Resorts, Inc @ 212.7 USD +21% LONG Veeva Systems Inc @ 146.3 USD +34% LONG Verisk Analytics, Inc @ 156.2 USD +33% ← Show less

SHORT GDS Holdings Limited @ 55.5 USD -31%

LONG Alphabet Inc @ 1382.5 USD +105% LONG Booking Holdings Inc @ 1836.4 USD +22% LONG Broadridge Financial Solutions, Inc @ 116.3 USD +31% See 5 more → LONG Landstar System, Inc @ 107.8 USD +43% LONG Masimo Corporation @ 170.7 USD -10% LONG Mastercard Incorporated @ 303.1 USD +15% LONG Paychex, Inc @ 81.5 USD +58% LONG Starbucks Corporation @ 82.7 USD +6% ← Show less

LONG Spotify Technology S.A @ 137.7 USD +6% LONG StoneCo Ltd @ 36.6 USD -66% LONG XPO Logistics, Inc @ 79.6 USD -3% See 3 more → LONG Autodesk, Inc @ 162.3 USD +31% LONG Cardlytics, Inc @ 49.1 USD +18% LONG EchoStar Corporation @ 40.2 USD -38% ← Show less