Qorvo, Inc. QRVO Technology $7.5B 43 Shallow moat Quad/Graphics, Inc. QUAD Materials $431.1M 26 No moat QUAKER CHEMICAL CORPORATION KWR Energy $2.6B 28 No moat QUALCOMM INC/DE QCOM Technology $184.5B 86 Wide moat QUALYS, INC. QLYS Technology $5.7B 96 Wide moat QUANEX BUILDING PRODUCTS CORPORATION NX Industrials $829.9M 29 No moat Quanta Services, Inc. PWR Industrials $94.0B 26 No moat QUANTERIX CORPORATION QTRX Healthcare $180.7M 36 No moat Quantum Computing Inc. QUBT Technology $1.7B 25 No moat QUANTUM X LABS INC. QXL Technology $51.3M 43 Shallow moat QUANTUM-SI INCORPORATED QSI Healthcare $162.6M 38 No moat Quarta-Rad, Inc. QURT Healthcare $7.9M 31 No moat QUEST DIAGNOSTICS INC DGX Healthcare $23.1B 62 Narrow moat Quest Resource Holding Corporation QRHC Utilities $28.3M 14 No moat QUICKLOGIC Corp QUIK Technology $224.8M 34 No moat QVC GROUP, INC. QVCAQ Consumer Discretionary $483060 38 No moat QVC, Inc. QVCDQ Consumer Discretionary — 40 Shallow moat QWEST CORP CTGG Communications $17 63 Narrow moat QXO, Inc. QXO Industrials $9.7B 31 No moat R F INDUSTRIES, LTD. RFIL Technology $140.8M 34 No moat RADIANT LOGISTICS, INC. RLGT Industrials $434.2M 45 Shallow moat RadNet, Inc. RDNT Healthcare $4.6B 19 No moat RADNOSTIX INC. INIS Healthcare $37.0M 36 No moat RAFAEL HOLDINGS, INC. RFL Healthcare $27.7M 14 No moat Ralliant Corporation RAL Healthcare $7.9B 54 Shallow moat RALPH LAUREN CORPORATION RL Consumer Discretionary $23.7B 89 Wide moat RAMACO RESOURCES, INC. METC Materials — 34 No moat RAMBUS INC RMBS Technology $10.9B 61 Narrow moat RANGE IMPACT, INC. RNGE Industrials $74.1M 29 No moat RANPAK HOLDINGS CORP. PACK Materials $574.7M 24 No moat Rayonier Advanced Materials Inc RYAM Materials $551.5M 6 No moat RB Global, Inc RBA Technology $20.8B 42 Shallow moat RBC BEARINGS INCORPORATED RBC Industrials $18.8B 54 Shallow moat RCI Hospitality Holdings, Inc. RICK Consumer Discretionary $227.3M 50 Shallow moat RCM TECHNOLOGIES, INC. RCMT Technology $203.6M 80 Wide moat READING INTERNATIONAL, INC. RDI Communications $29.7M 22 No moat REalloys Inc. ALOY Materials $38.3M 24 No moat REBORN COFFEE, INC. REBN Consumer Discretionary $10.9M 50 Shallow moat Recon Technology, Ltd RCON Materials $2.3M 24 No moat RECURSION PHARMACEUTICALS, INC. RXRX Healthcare $1.6B 16 No moat RED ROBIN GOURMET BURGERS, INC. RRGB Consumer Discretionary $126.2M 39 No moat Reddit, Inc. RDDT Technology $36.6B 64 Narrow moat Redwire Corp RDW Consumer Discretionary $1.6B 17 No moat REED’S, INC. REED Consumer Staples $11.8M 22 No moat REGAL REXNORD CORP RRX Industrials $13.7B 14 No moat REGENERON PHARMACEUTICALS, INC. REGN Healthcare — 96 Wide moat REGENXBIO Inc. RGNX Healthcare $503.3M 36 No moat RELIANCE, INC. RS Industrials $20.5B 63 Narrow moat REMSLEEP HOLDINGS, INC. RMSL Consumer Discretionary $4.0M 16 No moat RenX Enterprises Corp. RENX Utilities $1.9M 20 No moat Repay Holdings Corp RPAY Technology $332.0B 42 Shallow moat REPLIGEN CORP RGEN Healthcare $8.3B 52 Shallow moat ReposiTrak, Inc. TRAK Technology $161.1M 82 Wide moat REPUBLIC SERVICES, INC. RSG Utilities $68.7B 73 Narrow moat RESEARCH SOLUTIONS, INC. RSSS Technology $71.8M 57 Shallow moat RESERVE PETROLEUM CO RSRV Materials $33.3M 54 Shallow moat Reservoir Media, Inc. RSVR Communications $670.5M 47 Shallow moat Resideo Technologies, Inc. REZI Industrials $5.4B 41 Shallow moat ResMed Inc. RMD Healthcare $29.1B 90 Wide moat RESOURCES CONNECTION, INC. RGP Technology $153.5M 56 Shallow moat RESTAURANT BRANDS INTERNATIONAL INC. QSR Consumer Discretionary $26.0B 61 Narrow moat RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP QSP Consumer Discretionary — 62 Narrow moat RETRACTABLE TECHNOLOGIES INC RVP Healthcare $20.5M 30 No moat REVOLVE GROUP, INC. RVLV Consumer Discretionary $1.8B 89 Wide moat REVVITY, INC RVTY Healthcare $12.4B 42 Shallow moat RH RH Consumer Discretionary $3.5B 57 Shallow moat RHINO BITCOIN INC. RHNO Industrials $49.9M 18 No moat RHYTHM PHARMACEUTICALS, INC. RYTM Healthcare $7.2B 44 Shallow moat RIBBON COMMUNICATIONS INC. RBBN Technology $386.7M 39 No moat RICHARDSON ELECTRONICS, LTD. RELL Industrials — 39 No moat Richtech Robotics Inc. RR Industrials $195.1M 40 Shallow moat RIGEL PHARMACEUTICALS INC RIGL Healthcare $742.3M 55 Shallow moat Rigetti Computing, Inc. RGTI Technology $4.7B 41 Shallow moat Ring Energy, Inc. REI Materials $255.4M 45 Shallow moat RingCentral, Inc. RNG Technology — 42 Shallow moat Rivian Automotive, Inc. / DE RIVN Consumer Discretionary $21.6B 10 No moat Robert Half Inc. RHI Technology $4.2B 78 Narrow moat Roblox Corporation RBLX Technology $36.6B 46 Shallow moat Rocket Lab Corp RKLB Consumer Discretionary $36.8B 16 No moat Rockwell Automation, Inc. ROK Healthcare $51.9B 76 Narrow moat ROCKWELL MEDICAL, INC. RMTI Healthcare $241.4M 20 No moat ROCKY BRANDS, INC. RCKY Materials $307.3M 37 No moat Rocky Mountain Chocolate Factory, Inc. RMCF Consumer Staples $9.0M 19 No moat Rogers Corporation ROG Materials $2.4B 48 Shallow moat Roku, Inc. ROKU Communications $21.4B 31 No moat ROLLINS INC ROL Technology $21.7B 90 Wide moat ROPER TECHNOLOGIES INC ROP Healthcare $38.7B 48 Shallow moat Ross Stores, Inc. ROST Consumer Discretionary $75.3B 80 Wide moat ROYAL CARIBBEAN CRUISES LTD RCL Industrials $77.6B 35 No moat RPC, INC. RES Materials $1.3B 35 No moat RTX CORPORATION RTX Consumer Discretionary — 52 Shallow moat Rubber Leaf Inc RLEA Consumer Discretionary — 17 No moat RUSH ENTERPRISES, INC. RUSHA Consumer Discretionary $6.2B 52 Shallow moat RxSIGHT, INC. RXST Healthcare $228.9M 28 No moat Ryerson Holding Corp RYZ Industrials $1.5B 29 No moat RYTHM INC. RYM Agriculture $47.8M 16 No moat RYVYL INC. RTB Consumer Discretionary $16.9M 33 No moat S&P Global Inc. SPGI Technology $134.7B 82 Wide moat Sabre Corporation SABR Technology $683.4M 46 Shallow moat Sadot Group Inc. SDOT Consumer Discretionary $39.2M 16 No moat