SPIRE GLOBAL, INC. SPIR Communications $378M 42 Shallow moat Spire Inc. SR Utilities $4.9B 36 No moat SPLASH BEVERAGE GROUP, INC. EDVA Consumer Staples $444176 31 No moat SPOK HOLDINGS, INC. SPOK Communications $221M 56 Shallow moat SPORTSMAN’S WAREHOUSE HOLDINGS, INC. SPWH Consumer Discretionary $49.5M 42 Shallow moat SPRINGBIG HOLDINGS, INC. SBIG Technology $534036 40 Shallow moat Sprinklr, Inc. CXM Technology Not reported 64 Narrow moat Sprout Social, Inc. SPT Technology $663M 48 Shallow moat Sprouts Farmers Market, Inc. SFM Consumer Discretionary $7.8B 92 Wide moat Spruce Power Holding Corporation SPRU Utilities $32.9M 23 No moat SPS COMMERCE, INC. SPSC Technology $3.1B 87 Wide moat SPX TECHNOLOGIES, INC. SPXC Industrials $9.8B 47 Shallow moat SRX Global Inc. SRXH Consumer Staples $37.7M 23 No moat SS&C TECHNOLOGIES HOLDINGS, INC. SSNC Technology $20.2B 45 Shallow moat STAAR Surgical Co STAA Healthcare $1.2B 43 Shallow moat Stabilis Solutions, Inc. SLNG Utilities $115M 17 No moat STABLECOIN DEVELOPMENT CORPORATION SDEV Other $22.3M 41 Shallow moat STAGEWISE STRATEGIES CORP. STWI Technology Not reported 57 Shallow moat Stagwell Inc STGW Technology $2.2B 53 Shallow moat Standard BioTools Inc. LAB Healthcare $259M 35 No moat Standard Motor Products, Inc. SMP Consumer Discretionary $908M 40 No moat StandardAero, Inc. SARO Consumer Discretionary $8.2B 42 Shallow moat STANDEX INTERNATIONAL CORPORATION SXI Industrials $3.3B 61 Narrow moat STANLEY BLACK & DECKER, INC. SWK Industrials $15.1B 42 Shallow moat Starbucks Corporation SBUX Consumer Discretionary $119.6B 62 Narrow moat STARCO BRANDS, INC. STCB Technology Not reported 40 Shallow moat Starguide Group, Inc. STRG Industrials $287 35 No moat STARK NOVUS FINANCIAL INC. NRDE Consumer Discretionary Not reported 30 No moat Starz Entertainment Corp. STRZ Communications $441M 23 No moat Steel Dynamics, Inc. STLD Industrials $35.3B 56 Shallow moat STEMTECH CORPORATION STEK Industrials $21299 51 Shallow moat STEPAN COMPANY SCL Materials $1.4B 27 No moat STEREOTAXIS, INC. STXS Healthcare Not reported 43 Shallow moat STERIS plc STE Healthcare $22.0B 65 Narrow moat STERLING INFRASTRUCTURE, INC. STRL Industrials $14.8B 59 Shallow moat STEVEN MADDEN, LTD. SHOO Materials $3.2B 67 Narrow moat STIFEL FINANCIAL CORP SF Other Not reported 66 Narrow moat STITCH FIX, INC. SFIX Consumer Discretionary $391M 40 No moat Stoneridge, Inc. SRI Consumer Discretionary $208M 28 No moat StoneX Group Inc. SNEX Other $3.6B 50 Shallow moat STRAN & COMPANY, INC. SWAG Technology $32.4M 43 Shallow moat STRATA CRITICAL MEDICAL, INC. SRTA Healthcare $466M 33 No moat Strategic Education, Inc. STRA Consumer Discretionary $1.9B 67 Narrow moat Strategic Environmental & Energy Resources, Inc. SENR Utilities $1.3M 37 No moat STRATEGY INC MSTR Other $39.4B 36 No moat STRATTEC SECURITY CORP STRT Consumer Discretionary $301M 51 Shallow moat STREAMEX CORP. STEX Healthcare $34.2M 35 No moat Stride, Inc. LRN Consumer Discretionary $3.5B 77 Narrow moat STRIVE, INC. ASST Other Not reported 46 Shallow moat STRYKER CORP SYK Healthcare Not reported 68 Narrow moat STUBHUB HOLDINGS, INC. STUB Communications $2.1B 31 No moat STURM, RUGER & COMPANY, INC. RGR Industrials $613M 39 No moat SUIC Worldwide Holdings Ltd. SUIC Materials $1.1M 39 No moat Summit Midstream Corporation SMC Utilities $413M 53 Shallow moat SUMMIT NETWORKS INC. SNTW Utilities $9M 17 No moat Summit Therapeutics Inc. SMMT Healthcare $13.5B 37 No moat SUNATION ENERGY, INC. SUNE Industrials $8M 36 No moat Sunbelt Rentals Holdings, Inc. SUNB Technology $27.9B 56 Shallow moat SUNCOKE ENERGY, INC. SXC Industrials Not reported 22 No moat SUNPOWER INC. SPWR Industrials $38M 33 No moat Sunrun Inc. RUN Technology $2.1B 49 Shallow moat Sunshine Biopharma Inc. SBFM Healthcare $5.5M 41 Shallow moat Super League Enterprise, Inc. SLE Technology $4.4M 38 No moat Super Micro Computer, Inc. SMCI Technology $26.7B 64 Narrow moat SUPERIOR GROUP OF COMPANIES, INC. SGC Consumer Discretionary $199M 35 No moat SUPERNUS PHARMACEUTICALS, INC. SUPN Healthcare $2.5B 55 Shallow moat SURGE COMPONENTS, INC. SPRS Industrials $22.9M 50 Shallow moat SURGEPAYS, INC. SURG Communications $3.6M 22 No moat Surgery Partners, Inc. SGRY Healthcare $1.9B 41 Shallow moat SUSGLOBAL ENERGY CORP. SNRG Utilities $1.4M 11 No moat SUTRO BIOPHARMA, INC. STRO Healthcare $173M 40 No moat SWEETGREEN, INC. SG Consumer Discretionary Not reported 33 No moat SYLVAMO CORPORATION SLVM Materials $1.4B 54 Shallow moat SYMBOTIC INC. SYM Industrials $25.4B 34 No moat Synergy CHC Corp. SNYR Healthcare $1.2M 42 Shallow moat SYNOPSYS INC SNPS Technology $72.7B 64 Narrow moat SYPRIS SOLUTIONS, INC. SYPR Industrials Not reported 23 No moat Sysco Corporation SYY Industrials $38.5B 73 Narrow moat T-MOBILE US, INC. TMUS Communications $201.7B 83 Wide moat T3 Defense Inc. DFNS Consumer Discretionary $191M 20 No moat Table Trac INC TBTC Communications $27.7M 84 Wide moat TABOOLA.COM LTD. TBLA Technology Not reported 57 Shallow moat Tactile Systems Technology, Inc. TCMD Healthcare $492M 73 Narrow moat TAITRON COMPONENTS INCORPORATED TAIT Industrials $12.6M 37 No moat TAKE-TWO INTERACTIVE SOFTWARE, INC. TTWO Technology $39.8B 46 Shallow moat Talen Energy Corporation TLN Utilities $14.4B 24 No moat TALKSPACE, INC. TALK Healthcare $875M 57 Shallow moat TALOS ENERGY INC. TALO Materials Not reported 33 No moat Tandem Diabetes Care, Inc. TNDM Healthcare $1.4B 39 No moat TANDY LEATHER FACTORY, INC TLF Materials $21.1M 57 Shallow moat Tango Therapeutics, Inc. TNGX Healthcare $3.1B 39 No moat TANKE BIOSCIENCES CORP TNBI Consumer Staples $266482 59 Shallow moat TAP REAL ESTATE TECHNOLOGIES, INC. RWAX Industrials Not reported 53 Shallow moat Tapestry, Inc. TPR Materials $24.6B 90 Wide moat TARGA RESOURCES CORP. TRGP Utilities $62.2B 41 Shallow moat Target Corporation TGT Consumer Discretionary $74.6B 56 Shallow moat TARGET HOSPITALITY CORP. TH Consumer Discretionary $1.9B 43 Shallow moat TaskUs, Inc. TASK Technology $735M 66 Narrow moat TAYLOR DEVICES, INC. TAYD Industrials $262M 63 Narrow moat TD SYNNEX CORPORATION SNX Industrials $21.2B 48 Shallow moat