WaterBridge Infrastructure LLC WBI Materials — 28 No moat Waters Corporation WAT Healthcare $21.9B 85 Wide moat WATSCO INC WSO Industrials — 83 Wide moat WATTS WATER TECHNOLOGIES INC WTS Industrials $11.4B 79 Narrow moat WAYFAIR INC. W Consumer Discretionary $10.9B 31 No moat Waystar Holding Corp. WAY Technology $4.1B 49 Shallow moat WD-40 COMPANY WDFC Materials $3.2B 88 Wide moat Weatherford International plc WFRD Industrials $6.0B 44 Shallow moat Weave Communications, Inc. WEAV Technology $532.8M 42 Shallow moat WEBTOON Entertainment Inc. WBTN Materials $1.4B 30 No moat WEC ENERGY GROUP, INC. WEC Utilities $36.4B 44 Shallow moat WEIS MARKETS, INC WMK Consumer Discretionary $2.1B 49 Shallow moat Wellgistics Health, Inc. WGRX Industrials $356.6M 24 No moat WELSIS CORP. WLSS Healthcare $1.7M 35 No moat Wendy's Co WEN Consumer Discretionary $1.5B 52 Shallow moat WENYUAN GROUP CORP. WYGC Consumer Discretionary $13.2M 41 Shallow moat WERNER ENTERPRISES, INC. WERN Industrials $2.8B 41 Shallow moat WESCO International, Inc. WCC Industrials — 52 Shallow moat WEST PHARMACEUTICAL SERVICES, INC. WST Healthcare $25.9B 83 Wide moat WESTERN DIGITAL CORPORATION WDC Technology $190.3B 38 No moat WESTERN URANIUM & VANADIUM CORP. WSTRF Materials $25.9M 39 No moat WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION WAB Consumer Discretionary $44.9B 54 Shallow moat Westlake Corporation WLK Materials $9.7B 30 No moat WESTROCK COFFEE COMPANY WEST Consumer Staples $746.8M 24 No moat WESTWOOD HOLDINGS GROUP, INC. WHG Other — 45 Shallow moat WETOUCH TECHNOLOGY INC. WETH Technology $16.2M 54 Shallow moat WEX Inc. WEX Technology $5.5B 86 Wide moat WEYCO GROUP, INC. WEYS Industrials $369.8M 62 Narrow moat WHEELS UP EXPERIENCE INC. UP Industrials $4.7B 21 No moat WHERE FOOD COMES FROM, INC. WFCF Technology $61.8M 79 Narrow moat WHIRLPOOL CORP /DE/ WHR Industrials $2.0B 30 No moat Whitehawk Therapeutics, Inc. WHWK Healthcare $184.3M 46 Shallow moat WILLAMETTE VALLEY VINEYARDS, INC. WVVI Consumer Staples $13.6M 41 Shallow moat Willdan Group, Inc. WLDN Consumer Discretionary $1.1B 62 Narrow moat WILLIAMS COMPANIES, INC. WMB Utilities $89.6B 29 No moat WILLIAMS-SONOMA, INC. WSM Consumer Discretionary $26.3B 86 Wide moat WILLIS LEASE FINANCE CORP WLFC Industrials — 42 Shallow moat WILLSCOT HOLDINGS CORPORATION WSC Technology $4.8B 42 Shallow moat WINGSTOP INC. WING Consumer Discretionary $3.7B 85 Wide moat WINMARK CORPORATION WINA Consumer Discretionary $1.3B 83 Wide moat WINNEBAGO INDUSTRIES, INC. WGO Consumer Discretionary — 43 Shallow moat Winvest Group Ltd. WNLV Communications $110994 24 No moat WISCONSIN ELECTRIC POWER COMPANY WELPP Utilities $2.2B 42 Shallow moat WisdomTree, Inc. WT Other $2.9B 78 Narrow moat WM TECHNOLOGY, INC. MAPS Technology — 71 Narrow moat WOLVERINE WORLD WIDE, INC. WWW Materials — 75 Narrow moat WORKDAY, INC. WDAY Technology — 42 Shallow moat Workhorse Group Inc. WKHS Consumer Discretionary $26.9M 26 No moat WORKIVA INC WK Technology $3.1B 54 Shallow moat WORKSPORT LTD. WKSP Consumer Discretionary $6.5M 31 No moat WORLD HEALTH ENERGY HOLDINGS, INC. WHEN Technology $55.1M 40 Shallow moat World Kinect Corporation WKC Industrials $2.0B 29 No moat WORTHINGTON ENTERPRISES, INC WOR Industrials $2.7B 24 No moat WORTHINGTON STEEL, INC. WS Industrials $1.8B 38 No moat WRAP TECHNOLOGIES, INC. WRAP Industrials $97.3M 29 No moat WW INTERNATIONAL, INC. WW Consumer Discretionary $154.6M 55 Shallow moat Wyndham Hotels & Resorts, Inc. WH Consumer Discretionary — 36 No moat WYNN RESORTS LTD WYNN Consumer Discretionary $9.8B 32 No moat WYTEC INTERNATIONAL, INC. WYTC Communications $14.6M 24 No moat X4 Pharmaceuticals, Inc. XFOR Healthcare $335.4M 47 Shallow moat XBIOTECH INC. XBIT Healthcare $68.3M 36 No moat XCEL ENERGY INC XEL Utilities $49.1B 43 Shallow moat XENETIC BIOSCIENCES, INC. XBIO Healthcare $6.2M 41 Shallow moat Xenia Hotels & Resorts, Inc. XHR Consumer Discretionary $2.0B 24 No moat XERIANT, INC. XERI Consumer Discretionary $9.0M 40 Shallow moat XMAX INC. XMAX Materials $361.1M 21 No moat Xos, Inc. XOS Consumer Discretionary $25.2M 32 No moat XPEL, INC. XPEL Industrials $1.2B 81 Wide moat XPLR INFRASTRUCTURE, LP XIFR Utilities $1.2B 18 No moat XPO, Inc. XPO Industrials $25.1B 48 Shallow moat Xponential Fitness, Inc. XPOF Communications $218.6M 24 No moat Xtant Medical Holdings, Inc. XTNT Healthcare $62.3M 49 Shallow moat XTI AEROSPACE, INC. XTIA Technology $48.9M 44 Shallow moat XWELL, Inc. XWEL Consumer Discretionary $6.5M 23 No moat Xylem Inc. XYL Industrials $28.5B 64 Narrow moat YELP INC. YELP Consumer Discretionary $1.5B 83 Wide moat YETI Holdings, Inc. YETI Consumer Discretionary $3.8B 94 Wide moat YEXT, INC. YEXT Technology $638.0M 54 Shallow moat YORK WATER CO YORW Utilities $442.9M 33 No moat YUBO INTERNATIONAL BIOTECH LIMITED YBGJ Healthcare $2.5M 49 Shallow moat Yum China Holdings, Inc. YUMC Consumer Discretionary $15.1B 72 Narrow moat YUM! BRANDS, INC. YUM Consumer Discretionary $40.7B 63 Narrow moat YUNHONG GREEN CTI LTD. YHGJ Materials $8.0M 22 No moat ZAI LAB LIMITED ZLAB Healthcare $22.7B 48 Shallow moat ZEBRA TECHNOLOGIES CORPORATION ZBRA Industrials — 68 Narrow moat ZEDGE, INC. ZDGE Technology — 47 Shallow moat ZEO ENERGY CORP. ZEO Industrials — 32 No moat Zeo ScientifiX, Inc. ZEOX Healthcare $11.4M 42 Shallow moat ZETA GLOBAL HOLDINGS CORP. ZETA Technology $4.7B 59 Shallow moat Zevia PBC ZVIA Consumer Staples $108.9M 42 Shallow moat Zevra Therapeutics, Inc. ZVRA Healthcare $707.8M 48 Shallow moat ZIFF DAVIS, INC. ZD Communications $2.0B 54 Shallow moat ZIMMER BIOMET HOLDINGS, INC. ZBH Healthcare $17.4B 64 Narrow moat ZIPRECRUITER, INC. ZIP Technology $278.4M 48 Shallow moat ZIVO BIOSCIENCE, INC. ZIVO Healthcare $14.5M 53 Shallow moat Zomedica Corp. ZOMDF Healthcare — 47 Shallow moat Zoom Communications, Inc. ZM Technology $27.6B 70 Narrow moat ZOOMCAR HOLDINGS, INC. ZCAR Consumer Discretionary $921815 29 No moat ZoomInfo Technologies Inc. GTM Technology $928.0M 58 Shallow moat ZSCALER, INC. ZS Technology $23.5B 42 Shallow moat