ENNIS, INC. EBF Materials — 69 Narrow moat Enovis CORP ENOV Healthcare $1.5B 29 No moat Enphase Energy, Inc. ENPH Technology $5.4B 46 Shallow moat ENPRO INC NPO Materials $6.9B 33 No moat ENSIGN GROUP, INC ENSG Healthcare $9.9B 65 Narrow moat Entegris, Inc. ENTG Materials $21.1B 47 Shallow moat ENTRAVISION COMMUNICATIONS CORP EVC Communications $973.0M 39 No moat Envela Corporation ELA Consumer Discretionary $546.8M 61 Narrow moat Envirotech Vehicles, Inc. AZIO Consumer Discretionary $13.5M 13 No moat ENVISTA HOLDINGS CORPORATION NVST Healthcare $4.4B 49 Shallow moat ENvue Medical, Inc. FEED Healthcare $5 33 No moat enVVeno Medical Corporation NVNO Healthcare $7.1M 36 No moat EPAM SYSTEMS, INC. EPAM Technology $4.8B 80 Narrow moat ePlus inc. PLUS Industrials $2.3B 76 Narrow moat EQT Corporation EQT Materials $30.9B 39 No moat Ernexa Therapeutics Inc. ERNA Healthcare $50.4M 20 No moat ESCALADE, INCORPORATED ESCA Consumer Discretionary $263.5M 48 Shallow moat Escalon Medical Corp. ESMC Healthcare $1.5M 43 Shallow moat ESCO TECHNOLOGIES INC. ESE Technology $8.2B 53 Shallow moat ESPEY MFG. & ELECTRONICS CORP. ESP Technology $166.0M 39 No moat ESPORTS ENTERTAINMENT GROUP, INC. GMBL Communications $390526 42 Shallow moat ESS Tech, Inc. GWH Technology $19.8M 20 No moat Establishment Labs Holdings Inc. ESTA Healthcare $2.7B 38 No moat Estee Lauder Companies Inc EL Materials $29.6B 67 Narrow moat Ethan Allen Interiors Inc. ETD Materials $579.3M 70 Narrow moat Eton Pharmaceuticals, Inc. ETON Healthcare $1.1B 33 No moat ETSY, INC ETSY Technology $8.2B 76 Narrow moat Everforth, Inc. EFOR Technology $781.0M 42 Shallow moat Everpure, Inc. P Technology — 58 Shallow moat EverQuote, Inc. EVER Technology $987.6M 57 Shallow moat Everspin Technologies, Inc. MRAM Technology $334.3M 43 Shallow moat EVERTEC, Inc. EVTC Technology $1.9B 78 Narrow moat Everything Blockchain, Inc. EBZT Technology $1.4M 35 No moat EVI INDUSTRIES, INC. EVI Consumer Discretionary — 35 No moat EvoAir Holdings Inc. EVOH Industrials — 16 No moat Evolent Health, Inc. EVH Consumer Discretionary $648.6M 17 No moat EVOLUS, INC. EOLS Healthcare $372.5M 38 No moat EVOLUTION PETROLEUM CORP EPM Materials $130.8M 46 Shallow moat Evolv Technologies Holdings, Inc. EVLV Technology $992.8M 24 No moat Exagen Inc. XGN Healthcare $100.6M 43 Shallow moat EXELIXIS, INC. EXEL Healthcare $14.7B 85 Wide moat EXLSERVICE HOLDINGS, INC. EXLS Technology $4.4B 73 Narrow moat EXPEDIA GROUP, INC. EXPE Industrials $31.4B 71 Narrow moat EXTREME NETWORKS, INC. EXTR Technology $4.0B 46 Shallow moat EZCORP, INC. EZPW Consumer Discretionary $2.7B 48 Shallow moat F5, INC. FFIV Technology $23.6B 97 Wide moat Fabric.AI, Inc. FABC Communications $41 20 No moat FABRINET FN Technology $17.1B 73 Narrow moat FACTSET RESEARCH SYSTEMS INC. FDS Technology $9.7B 86 Wide moat Fair Isaac Corp FICO Technology $29.9B 87 Wide moat FARADAY FUTURE INTELLIGENT ELECTRIC INC. FFAI Consumer Discretionary — 20 No moat FASTENAL CO FAST Consumer Discretionary $52.2B 89 Wide moat FASTLY, INC. FSLY Technology — 37 No moat FDCTECH, INC. FDCTD Technology — 48 Shallow moat FEDERAL SIGNAL CORPORATION FSS Consumer Discretionary $7.1B 66 Narrow moat FedEx Corporation FDX Industrials $73.8B 73 Narrow moat Femasys Inc. FEMY Healthcare $179.4M 44 Shallow moat Fidelity National Information Services, Inc. FIS Technology $21.6B 31 No moat FiEE, Inc. FIEE Technology $28.1M 32 No moat FIGS, Inc. FIGS Consumer Discretionary — 78 Narrow moat First Solar, Inc. FSLR Technology $22.7B 36 No moat FISERV INC FISV Technology $27.1B 58 Shallow moat FITLIFE BRANDS, INC. FTLF Healthcare $103.9M 71 Narrow moat Five Below, Inc. FIVE Consumer Discretionary $11.2B 85 Wide moat FIVE9, INC. FIVN Technology $2.0B 38 No moat Flash Sports & Media Holdings, Inc. FLZH Communications $1.1M 23 No moat FLEX LTD. FLEX Technology $43.6B 47 Shallow moat FLEXIBLE SOLUTIONS INTERNATIONAL INC. FSI Materials $75.6M 50 Shallow moat FLEXSTEEL INDUSTRIES, INC. FLXS Materials $387.3M 40 Shallow moat Floor & Decor Holdings, Inc. FND Consumer Discretionary $6.1B 81 Wide moat FLOTEK INDUSTRIES INC/CN FTK Materials $788.5M 21 No moat FLOWSERVE CORP FLS Industrials $8.7B 49 Shallow moat FLUOR CORPORATION FLR Industrials $7.5B 21 No moat Flutter Entertainment plc FLUT Technology $18.7B 41 Shallow moat FLUX POWER HOLDINGS, INC. FLUX Technology $11.2M 20 No moat flyExclusive, Inc. FLYX Industrials $31.3M 13 No moat FMC CORPORATION FMC Materials $1.4B 47 Shallow moat FOCUS UNIVERSAL INC. FCUV Healthcare $2.5M 16 No moat Ford Motor Co F Consumer Discretionary — 39 No moat FormFactor, Inc. FORM Technology $8.2B 50 Shallow moat FORRESTER RESEARCH, INC. FORR Consumer Discretionary $196.2M 57 Shallow moat FORTINET, INC. FTNT Technology $120.1B 100 Wide moat Fortive Corp FTV Healthcare $19.4B 55 Shallow moat Fortress Biotech, Inc. FBIO Healthcare $105.4M 45 Shallow moat Fortune Brands Innovations, Inc. FBIN Materials $6.2B 41 Shallow moat FORTUNE VALLEY TREASURES, INC. FVTI Consumer Discretionary $1.1M 30 No moat FORUM ENERGY TECHNOLOGIES, INC. FET Industrials $590.3M 29 No moat FORWARD AIR CORP FWRD Industrials $430.7M 45 Shallow moat Fossil Group, Inc. FOSL Healthcare $241.6M 36 No moat Fox Factory Holding Corp. FOXF Consumer Discretionary $795.1M 51 Shallow moat FOXO TECHNOLOGIES INC. FOXO Consumer Discretionary $186.6M 23 No moat FRANKLIN COVEY CO. FC Consumer Discretionary $246.5M 65 Narrow moat FRANKLIN ELECTRIC CO., INC. FELE Industrials $4.7B 75 Narrow moat FRANKLIN WIRELESS CORP. FKWL Technology $27.9M 25 No moat Freeport-McMoRan Inc. FCX Materials — 58 Shallow moat FREIGHTCAR AMERICA, INC. RAIL Consumer Discretionary $143.6M 29 No moat Frequency Electronics, Inc. FEIM Healthcare $650.4M 19 No moat FRESH DEL MONTE PRODUCE INC DMC Agriculture $1.4B 26 No moat FRESHPET, INC. FRPT Consumer Staples $2.8B 30 No moat Freshworks Inc. FRSH Technology $3.2B 59 Shallow moat