Each N-PORT filing of PIZ compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 103: 45 added (41.63% of the fund), 42 dropped (35.44%). Turnover proxy 47%. Largest increases: Toromont Industries Ltd. 0.67% to 2.55%; Bank Mizrahi Tefahot Ltd. 0.74% to 2.23%; SK Square Co., Ltd. 1.37% to 2.33%; SK hynix Inc. 0.99% to 1.4%; APR Co., Ltd. 0.74% to 0.93%; PLS Group Ltd. 0.56% to 0.75%. Largest decreases: Diploma PLC 2.3% to 0.66%; UniCredit S.p.A. 1.48% to 0.78%; ABLBio, Inc. 1.34% to 0.68%; Flughafen Zureich AG 2.67% to 2.04%; ITOCHU Corp. 1.04% to 0.49%; Banco Bilbao Vizcaya Argentaria S.A. 1.18% to 0.7%. New: Fujikura Ltd. (3.64%), Constellation Software Inc. (2.7%), Next Vision Stabilized Systems Ltd. (2.49%), Doosan Co., Ltd. (2.11%), Furukawa Electric Co., Ltd. (2.06%), Hanwha Systems Co., Ltd. (1.57%). Gone: Sampo OYJ (2.4%), Schindler Holding AG (2.17%), Dollarama Inc. (2.16%), Geberit AG (2.14%), National Bank of Greece S.A. (1.94%), Piraeus Bank S.A. (1.36%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 26 Jun 2026 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 43 added (31.16% of the fund), 43 dropped (47.41%). Turnover proxy 48.6%. Largest increases: Investor AB 1.18% to 1.99%; Schindler Holding AG 1.4% to 2.17%; National Bank of Greece S.A. 1.21% to 1.94%; SK Square Co., Ltd. 0.65% to 1.37%; Bombardier Inc. 1.82% to 2.53%; ABB Ltd. 2.59% to 3.27%. Largest decreases: Bank Mizrahi Tefahot Ltd. 1.85% to 0.74%; BKW AG 0.62% to 0.56%; HD Korea Shipbuilding & Offshore Engineering Co., Ltd. 0.57% to 0.51%; Koninklijke Ahold Delhaize N.V. 0.71% to 0.71%. New: Siemens Energy AG (2.44%), Lion Finance Group PLC (1.85%), First International Bank of Israel Ltd. (The) (1.56%), Piraeus Bank S.A. (1.36%), ABLBio, Inc. (1.34%), SK hynix Inc. (0.99%). Gone: HD Hyundai Electric Co., Ltd. (3.34%), Fujikura Ltd. (3.09%), ASML Holding N.V. (3.02%), Technology One Ltd. (2.82%), Belimo Holding AG (2.8%), Hanwha Aerospace Co., Ltd. (2.38%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 30 Mar 2026 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/101 positions became 100: 28 added (22.07% of the fund), 29 dropped (23.05%). Turnover proxy 29%. Largest increases: Bank Mizrahi Tefahot Ltd. 0.6% to 1.85%; HD Hyundai Electric Co., Ltd. 2.1% to 3.34%; Fujikura Ltd. 2.17% to 3.09%; Advantest Corp. 0.52% to 0.96%; New Gold Inc. 0.52% to 0.93%; Doosan Co., Ltd. 0.77% to 1.1%. Largest decreases: Halma PLC 1.91% to 1.14%; Samyangfoods Co., Ltd. 1.78% to 1.19%; Swissquote Group Holding S.A. 1.76% to 1.31%; Pro Medicus Ltd. 1.44% to 1.07%; Novo Nordisk A/S 1.6% to 1.23%; Belimo Holding AG 3.16% to 2.8%. New: ASML Holding N.V. (3.02%), Sampo OYJ (1.97%), Diploma PLC (1.93%), Peptron, Inc. (1.15%), Yangzijiang Shipbuilding (Holdings) Ltd. (0.86%), Hyosung Heavy Industries Corp. (0.86%). Gone: Constellation Software Inc. (2.86%), Siemens Energy AG (1.51%), Metaplanet Inc. (1.39%), Kongsberg Gruppen ASA (1.2%), Alteogen Inc. (1.12%), Hermes International (1.09%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Dec 2025 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 101: 28 added (33.07% of the fund), 27 dropped (21.79%). Turnover proxy 34.5%. Largest increases: Banco Bilbao Vizcaya Argentaria S.A. 0.47% to 0.64%; Hyundai Rotem Co. 0.54% to 0.71%; National Bank of Greece S.A. 1.1% to 1.25%; Rolls-Royce Holdings PLC 1.47% to 1.62%; Siemens Energy AG 1.37% to 1.51%; Piraeus Financial Holdings S.A. 0.79% to 0.92%. Largest decreases: Bank Mizrahi Tefahot Ltd. 2.31% to 0.6%; Dollarama Inc. 2.71% to 1.88%; Rheinmetall AG 2.87% to 2.19%; Halma PLC 2.59% to 1.91%; Flughafen Zureich AG 2.93% to 2.34%; Hermes International 1.67% to 1.09%. New: Belimo Holding AG (3.16%), Technology One Ltd. (2.81%), ABB Ltd. (2.36%), Fujikura Ltd. (2.17%), HD Hyundai Electric Co., Ltd. (2.1%), Bombardier Inc. (1.91%). Gone: Kongsberg Gruppen ASA (1.87%), EssilorLuxottica (1.84%), Partners Group Holding AG (1.82%), Intermediate Capital Group PLC (1.78%), Singapore Technologies Engineering Ltd. (1.24%), Sanrio Co., Ltd. (1.2%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 26 Sep 2025 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 32 added (22.68% of the fund), 32 dropped (38.69%). Turnover proxy 39.2%. Largest increases: Rheinmetall AG 1.4% to 2.87%; Dollarama Inc. 1.75% to 2.71%; Singapore Exchange Ltd. 1.67% to 2.48%; Flughafen Zureich AG 2.15% to 2.93%; Schindler Holding AG 1.46% to 2.22%; Kongsberg Gruppen ASA 1.24% to 1.87%. Largest decreases: ASICS Corp. 1.02% to 0.65%; Oversea-Chinese Banking Corp. Ltd. 1.03% to 1%; DBS Group Holdings Ltd. 0.51% to 0.48%; Sanwa Holdings Corp. 0.54% to 0.51%; Konecranes OYJ 0.46% to 0.46%; Experian PLC 0.7% to 0.7%. New: Hanwha Aerospace Co., Ltd. (2.85%), Hermes International (1.67%), Alteogen Inc. (1.22%), National Bank of Greece S.A. (1.1%), Saab AB (1.02%), Sigma Healthcare Ltd. (0.81%). Gone: InterContinental Hotels Group PLC (2.89%), Belimo Holding AG (2.65%), Technology One Ltd. (2.6%), Celestica Inc. (2.56%), Descartes Systems Group Inc. (The) (2.55%), Games Workshop Group PLC (2.35%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Jun 2025 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 26 added (25.5% of the fund), 26 dropped (20.27%). Turnover proxy 27.4%. Largest increases: Rheinmetall AG 1.03% to 1.4%; Sanrio Co., Ltd. 0.71% to 0.92%; Siemens Energy AG 0.69% to 0.88%; Constellation Software Inc. 2.86% to 3.03%; Oversea-Chinese Banking Corp. Ltd. 0.89% to 1.03%; ASICS Corp. 0.88% to 1.02%. Largest decreases: Bombardier Inc. 1.73% to 1.12%; ITOCHU Corp. 1.05% to 0.5%; Dollarama Inc. 2.22% to 1.75%; Schindler Holding AG 1.89% to 1.46%; REA Group Ltd. 2.75% to 2.34%; Royal Bank of Canada 1.79% to 1.4%. New: Technology One Ltd. (2.6%), Celestica Inc. (2.56%), Games Workshop Group PLC (2.35%), HD Hyundai Electric Co., Ltd. (2.14%), Singapore Exchange Ltd. (1.67%), Swissquote Group Holding S.A. (1.26%). Gone: Novo Nordisk A/S (2.34%), Hanwha Aerospace Co., Ltd. (1.69%), Alteogen Inc. (1.44%), National Grid PLC (1.2%), Atlas Copco AB (1.14%), Ringkjoebing Landbobank A/S (0.92%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Mar 2025 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 22 added (22.2% of the fund), 22 dropped (19.94%). Turnover proxy 25.8%. Largest increases: Fujikura Ltd. 1.04% to 1.81%; InterContinental Hotels Group PLC 2.51% to 3.04%; Pro Medicus Ltd. 0.87% to 1.26%; WiseTech Global Ltd. 0.85% to 1.16%; Alteogen Inc. 1.13% to 1.44%; REA Group Ltd. 2.5% to 2.75%. Largest decreases: 3i Group PLC 1.56% to 0.55%; Constellation Software Inc. 3.35% to 2.86%; Ringkjoebing Landbobank A/S 1.26% to 0.92%; Diploma PLC 2.29% to 2%; Novo Nordisk A/S 2.62% to 2.34%; Bank of Ireland Group PLC 0.81% to 0.58%. New: Descartes Systems Group Inc. (The) (2.63%), Belimo Holding AG (2.6%), Bank Mizrahi Tefahot Ltd. (2.04%), Royal Bank of Canada (1.79%), Hanwha Aerospace Co., Ltd. (1.69%), CCL Industries Inc. (1.38%). Gone: ASM International N.V. (2.48%), ASML Holding N.V. (2.18%), Celestica Inc. (1.54%), Hexagon AB (1.48%), Hanmi Semiconductor Co., Ltd. (1.31%), Hermes International (1.3%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Dec 2024 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 27 added (23.97% of the fund), 27 dropped (20.61%). Turnover proxy 26.7%. Largest increases: Constellation Software Inc. 2.89% to 3.35%; Alteogen Inc. 0.73% to 1.13%; Kongsberg Gruppen ASA 0.92% to 1.22%; SAP SE 0.54% to 0.79%; ASICS Corp. 0.65% to 0.84%; Flughafen Zureich AG 2.26% to 2.44%. Largest decreases: Hanmi Semiconductor Co., Ltd. 1.91% to 1.31%; ABB Ltd. 1.06% to 0.5%; ASM International N.V. 2.88% to 2.48%; Hermes International 1.65% to 1.3%; InterContinental Hotels Group PLC 2.82% to 2.51%; Hannover Rueck SE 1.22% to 0.94%. New: Halma PLC (2.25%), Partners Group Holding AG (1.96%), Intermediate Capital Group PLC (1.91%), EssilorLuxottica (1.61%), Bombardier Inc. (1.56%), Canadian Natural Resources Ltd. (1.06%). Gone: Chocoladefabriken Lindt & Spruengli AG (2.17%), Bank Mizrahi Tefahot Ltd. (1.9%), CGI Inc. (1.47%), Hanwha Aerospace Co., Ltd. (1.37%), Mitsui O.S.K. Lines, Ltd. (1.1%), Banco de Sabadell, S.A. (0.93%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Sep 2024 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/101 positions became 100: 28 added (22.8% of the fund), 29 dropped (23.08%). Turnover proxy 28.6%. Largest increases: REA Group Ltd. 0.62% to 2.38%; Bank Mizrahi Tefahot Ltd. 0.59% to 1.9%; Diploma PLC 1.84% to 2.26%; Rheinmetall AG 0.95% to 1.29%; ASM International N.V. 2.61% to 2.88%; Dollarama Inc. 1.98% to 2.23%. Largest decreases: Constellation Software Inc. 3.41% to 2.89%; Dassault Systemes 1.34% to 0.93%; Mitsui O.S.K. Lines, Ltd. 1.4% to 1.1%; Chocoladefabriken Lindt & Spruengli AG 2.44% to 2.17%; ITOCHU Corp. 1.26% to 1.02%; Ferrovial SE 0.94% to 0.71%. New: Hanmi Semiconductor Co., Ltd. (1.91%), Celestica Inc. (1.58%), Investor AB (1.57%), Hanwha Aerospace Co., Ltd. (1.37%), Ringkjoebing Landbobank A/S (1.35%), WiseTech Global Ltd. (1.04%). Gone: Lasertec Corp. (3.13%), Kuehne + Nagel International AG (2.42%), Canadian Natural Resources Ltd. (1.18%), Bombardier Inc. (1.16%), MYTILINEOS S.A. (1.03%), BKW AG (0.93%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 26 Jun 2024 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/102 positions became 101: 32 added (28.07% of the fund), 33 dropped (32.22%). Turnover proxy 34.4%. Largest increases: Mitsui O.S.K. Lines, Ltd. 1.02% to 1.4%; Chocoladefabriken Lindt & Spruengli AG 2.11% to 2.44%; Constellation Software Inc. 3.13% to 3.41%; Rolls-Royce Holdings PLC 0.58% to 0.84%; VAT Group AG 0.98% to 1.24%; ITOCHU Corp. 1% to 1.26%. Largest decreases: Flughafen Zureich AG 2.58% to 2.17%; ASM International N.V. 3% to 2.61%; Diploma PLC 2.12% to 1.84%; Cameco Corp. 0.88% to 0.63%; Kuehne + Nagel International AG 2.61% to 2.42%; BKW AG 1.08% to 0.93%. New: Lasertec Corp. (3.13%), Novo Nordisk A/S (2.86%), Dollarama Inc. (1.98%), Hexagon AB (1.66%), Dassault Systemes (1.34%), Swedbank AB (1.28%). Gone: Belimo Holding AG (2.22%), Singapore Exchange Ltd. (2.13%), Vinci (2.02%), Whitecap Resources Inc. (1.93%), Sika AG (1.79%), Enerplus Corp. (1.75%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 01 Apr 2024 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 102: 32 added (23.76% of the fund), 30 dropped (27.34%). Turnover proxy 30.1%. Largest increases: InterContinental Hotels Group PLC 1.19% to 2.83%; Vinci 1.65% to 2.02%; CGI Inc. 1.28% to 1.57%; Oversea-Chinese Banking Corp. Ltd. 0.9% to 1.15%; Singapore Exchange Ltd. 1.89% to 2.13%; ASML Holding N.V. 2.53% to 2.77%. Largest decreases: Mizrahi Tefahot Bank Ltd. 1.72% to 0.54%; Belimo Holding AG 2.46% to 2.22%; Rentokil Initial PLC 0.78% to 0.6%; VAT Group AG 1.14% to 0.98%; ATS Corp. 0.72% to 0.62%; Finning International Inc. 0.57% to 0.49%. New: Whitecap Resources Inc. (1.93%), Enerplus Corp. (1.75%), Tourmaline Oil Corp. (1.61%), Premium Brands Holdings Corp. (1.58%), Sembcorp Industries Ltd. (1.24%), TFI International Inc. (1.15%). Gone: Ecopro BM Co., Ltd. (3.3%), Lasertec Corp. (2.72%), Novo Nordisk A/S (2.35%), L&F Co., Ltd. (1.79%), Pernod Ricard (1.45%), Elisa Corp. (1.32%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 29 Dec 2023 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 34 added (33.7% of the fund), 34 dropped (30.76%). Turnover proxy 37.5%. Largest increases: Chocoladefabriken Lindt & Spruengli AG 0.62% to 2.11%; Ecopro BM Co., Ltd. 2.71% to 3.3%; Koninklijke Ahold Delhaize N.V. 0.53% to 1.02%; Posco Future M Co., Ltd. 0.65% to 0.86%; VAT Group AG 0.97% to 1.14%; 3i Group PLC 0.98% to 1.15%. Largest decreases: LVMH Moet Hennessy-Louis Vuitton SE 2.25% to 1.27%; Hermes International 1.8% to 1.39%; Pernod Ricard 1.85% to 1.45%; CGI Inc. 1.67% to 1.28%; Elisa Corp. 1.7% to 1.32%; Flughafen Zureich AG 2.66% to 2.36%. New: ASM International N.V. (2.92%), Lasertec Corp. (2.72%), Kuehne + Nagel International AG (2.65%), Diploma PLC (2.06%), Singapore Exchange Ltd. (1.89%), Mizrahi Tefahot Bank Ltd. (1.72%). Gone: NIBE Industrier AB (2.52%), Sampo PLC (2.4%), Neste OYJ (1.74%), Bombardier Inc. (1.36%), Carl Zeiss Meditec AG (1.33%), Nestle S.A. (1.28%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 Sep 2023 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 36 added (29.57% of the fund), 36 dropped (34.79%). Turnover proxy 35.9%. Largest increases: Ecopro BM Co., Ltd. 1.41% to 2.71%; Novo Nordisk A/S 2.09% to 2.62%; Flughafen Zureich AG 2.22% to 2.66%; CGI Inc. 1.39% to 1.67%; Wolters Kluwer N.V. 0.8% to 1.08%; Swiss Life Holding Ltd. 0.89% to 1.15%. Largest decreases: ASML Holding N.V. 2.98% to 2.68%; Carl Zeiss Meditec AG 1.47% to 1.33%; Sika AG 1.97% to 1.86%; Ashtead Group PLC 0.57% to 0.47%; Swedbank AB 1.2% to 1.11%; Banco BPM S.p.A. 0.66% to 0.57%. New: NIBE Industrier AB (2.52%), L&F Co., Ltd. (2.07%), Schindler Holding AG (1.86%), Interpump Group S.p.A. (1.48%), Bombardier Inc. (1.36%), Ecopro Co., Ltd. (1.15%). Gone: Lasertec Corp. (2.96%), CSL Ltd. (2.72%), Metro Inc. (2.1%), Canadian National Railway Co. (2.07%), Dollarama Inc. (1.77%), Anglo American PLC (1.62%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 29 Jun 2023 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/101 positions became 100: 46 added (35.2% of the fund), 47 dropped (41.67%). Turnover proxy 43%. Largest increases: LVMH Moet Hennessy-Louis Vuitton SE 1.66% to 2.22%; Hermes International 1.05% to 1.55%; STMicroelectronics N.V. 0.66% to 1.11%; Mineral Resources Ltd. 0.91% to 1.36%; Ringkjoebing Landbobank A/S 0.77% to 1.21%; ASML Holding N.V. 2.57% to 2.98%. Largest decreases: Lasertec Corp. 3.49% to 2.96%; Metro Inc. 2.36% to 2.1%; Whitehaven Coal Ltd. 1.51% to 1.38%; Sampo OYJ 2.5% to 2.37%; ARC Resources Ltd. 0.82% to 0.72%; Bezeq - The Israel Telecommunication Corp. Ltd. 0.53% to 0.5%. New: Belimo Holding AG (2.53%), Sika AG (1.97%), Neste OYJ (1.72%), Anglo American PLC (1.62%), Fortescue Metals Group Ltd. (1.44%), Ecopro BM Co., Ltd. (1.41%). Gone: Descartes Systems Group Inc. (The) (2.74%), Toromont Industries Ltd. (2.21%), NIBE Industrier AB (1.88%), Nice Ltd. (1.87%), Mizrahi Tefahot Bank Ltd. (1.75%), Royal Bank of Canada (1.59%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 31 Mar 2023 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 101: 41 added (40.47% of the fund), 40 dropped (37.2%). Turnover proxy 43.6%. Largest increases: Metro Inc. 0.95% to 2.36%; Cenovus Energy Inc. 1.14% to 1.46%; Mineral Resources Ltd. 0.67% to 0.91%; Imperial Oil Ltd. 0.65% to 0.79%; Tourmaline Oil Corp. 1.32% to 1.45%; Bank of Ireland Group PLC 0.49% to 0.62%. Largest decreases: Northland Power Inc. 2.35% to 0.71%; Canadian National Railway Co. 2.68% to 2.07%; Emera Inc. 1.07% to 0.47%; Toromont Industries Ltd. 2.75% to 2.21%; Novo Nordisk A/S 2.4% to 2%; CSL Ltd. 3.04% to 2.65%. New: Lasertec Corp. (3.49%), Descartes Systems Group Inc. (The) (2.74%), ASML Holding N.V. (2.57%), Flughafen Zureich AG (2.04%), NIBE Industrier AB (1.88%), Nice Ltd. (1.87%). Gone: Warehouses De Pauw C.V.A. (2.44%), SITC International Holdings Co. Ltd. (2.43%), Sonova Holding AG (2.38%), Indutrade AB (2.14%), L&F Co. Ltd. (1.76%), Toronto-Dominion Bank (The) (1.75%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 28 Dec 2022 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/101 positions became 100: 33 added (28.07% of the fund), 34 dropped (32.36%). Turnover proxy 35.6%. Largest increases: Warehouses De Pauw C.V.A. 0.75% to 2.44%; Constellation Software, Inc. 2.79% to 3.37%; Emera, Inc. 0.59% to 1.07%; Canadian National Railway Co. 2.22% to 2.68%; Northland Power, Inc. 1.89% to 2.35%; Kawasaki Kisen Kaisha Ltd. 0.75% to 1.16%. Largest decreases: Novo Nordisk A/S 2.94% to 2.4%; Svenska Cellulosa AB S.C.A. 1.19% to 0.84%; Koninklijke Ahold Delhaize N.V. 1.08% to 0.74%; Teleperformance 1.82% to 1.55%; Whitecap Resources, Inc. 1.69% to 1.51%; Toronto-Dominion Bank (The) 1.9% to 1.75%. New: CSL Ltd. (3.04%), SITC International Holdings Co. Ltd. (2.43%), Indutrade AB (2.14%), Elisa OYJ (1.49%), Fortis, Inc. (1.39%), Novozymes A/S (1.34%). Gone: Mainfreight Ltd. (3.06%), Belimo Holding AG (2.49%), ASM International N.V. (2.38%), Nibe Industrier AB (2.25%), LVMH Moet Hennessy Louis Vuitton SE (1.66%), Vinci S.A. (1.49%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 27 Sep 2022 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 101: 67 added (49.41% of the fund), 66 dropped (65.94%). Turnover proxy 66.1%. Largest increases: Novo Nordisk A/S 1.86% to 2.94%; Sonova Holding AG 1.04% to 2.04%; Teleperformance 0.85% to 1.82%; Nibe Industrier AB 1.29% to 2.25%; Mizrahi Tefahot Bank Ltd. 0.92% to 1.88%; Toronto-Dominion Bank (The) 1.03% to 1.9%. Largest decreases: Constellation Software, Inc. 2.99% to 2.79%. New: Toromont Industries Ltd. (2.54%), Northland Power, Inc. (1.89%), Whitecap Resources, Inc. (1.69%), L&F Co. Ltd. (1.6%), Vinci S.A. (1.49%), Beijer Ref AB (1.21%). Gone: BE Semiconductor Industries N.V. (2.86%), Lasertec Corp. (2.56%), Recordati Industria Chimica e Farmaceutica S.p.A. (2.51%), Nemetschek SE (2.37%), Fastighets AB Balder (2.28%), AddTech AB (2.18%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 27 Jun 2022 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 23 added (16% of the fund), 23 dropped (22.95%). Turnover proxy 24.8%. Largest increases: BE Semiconductor Industries N.V. 2.36% to 2.86%; SITC International Holdings Co. Ltd. 0.82% to 1.3%; Sampo Oyj 1.18% to 1.59%; BayCurrent Consulting, Inc. 0.96% to 1.34%; Belimo Holding AG 1.33% to 1.68%; Fastighets AB Balder 1.96% to 2.28%. Largest decreases: Nemetschek SE 2.9% to 2.37%; AddTech AB 2.56% to 2.18%; Nibe Industrier AB 1.57% to 1.29%; ASM International N.V. 2.29% to 2.1%; Tomra Systems ASA 0.62% to 0.49%; Xero Ltd. 0.61% to 0.54%. New: Canadian National Railway Co. (1.53%), Evolution AB (1.4%), JD Sports Fashion PLC (1.21%), Canadian Apartment Properties REIT (0.81%), Pernod Ricard S.A. (0.78%), Dollarama, Inc. (0.77%). Gone: Boyd Group Services, Inc. (3.09%), Royal Unibrew A/S (2.53%), Kuehne + Nagel International AG (1.68%), Rakus Co. Ltd. (1.47%), Sinch AB (1.28%), Eckert & Ziegler Strahlen- und Medizintechnik AG (1.26%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 31 Mar 2022 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 48 added (46.49% of the fund), 48 dropped (29.53%). Turnover proxy 46.5%. Largest decreases: Geberit AG 1.93% to 1.11%; Eckert & Ziegler Strahlen- und Medizintechnik AG 2.05% to 1.26%; Partners Group Holding AG 1.79% to 1.08%; SITC International Holdings Co. Ltd. 1.53% to 0.82%; ASML Holding N.V. 2.47% to 1.79%; Indutrade AB 1.57% to 0.9%. New: Mainfreight Ltd. (2.9%), Nemetschek SE (2.9%), AddTech AB (2.56%), Recordati Industria Chimica e Farmaceutica S.p.A. (2.41%), BE Semiconductor Industries N.V. (2.36%), Reply S.p.A. (1.68%). Gone: Evolution AB (2%), Logitech International S.A. (1.18%), HMM Co. Ltd. (1%), Kering S.A. (0.9%), Afterpay Ltd. (0.7%), Svenska Cellulosa AB SCA (0.68%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 30 Dec 2021 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 33 added (32.27% of the fund), 33 dropped (26.92%). Turnover proxy 34.1%. Largest increases: Eckert & Ziegler Strahlen- und Medizintechnik AG 1.54% to 2.05%; Boyd Group Services, Inc. 2.8% to 3.12%; Partners Group Holding AG 1.52% to 1.79%; LVMH Moet Hennessy Louis Vuitton SE 0.79% to 0.99%; VAT Group AG 0.56% to 0.68%; TFI International, Inc. 0.59% to 0.66%. Largest decreases: Evolution AB 2.8% to 2%; UNITE Group PLC (The) 1.2% to 0.51%; Techtronic Industries Co. Ltd. 1.8% to 1.23%; JD Sports Fashion PLC 1.87% to 1.34%; HMM Co. Ltd. 1.46% to 1%; Tokyo Electron Ltd. 1.1% to 0.65%. New: Royal Unibrew A/S (2.8%), Fastighets AB Balder (2.45%), Lasertec Corp. (2.39%), Nibe Industrier AB (2.07%), Hexagon AB (1.44%), Sonova Holding AG (1.34%). Gone: BE Semiconductor Industries N.V. (2.75%), adidas AG (1.65%), Hexagon AB (1.49%), NEXON Co., Ltd. (1.37%), POSCO Chemtech Co. Ltd. (1.16%), Anglo American PLC (1.09%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 28 Sep 2021 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/101 positions became 100: 49 added (35.74% of the fund), 50 dropped (49.69%). Turnover proxy 51%. Largest increases: Evolution Gaming Group AB 1.13% to 2.8%; JD Sports Fashion PLC 1.08% to 1.87%; Sampo Oyj 1.42% to 2.1%; Geberit AG 1.35% to 1.98%; Indutrade AB 0.95% to 1.54%; Croda International PLC 1.72% to 2.27%. Largest decreases: Canadian National Railway Co. 1.41% to 0.51%; Boyd Group Services, Inc. 3.13% to 2.8%; Kikkoman Corp. 0.58% to 0.55%; Yamaha Corp. 0.52% to 0.51%. New: BE Semiconductor Industries N.V. (2.75%), Techtronic Industries Co. Ltd. (1.8%), SITC International Holdings Co. Ltd. (1.72%), Eckert & Ziegler Strahlen- und Medizintechnik AG (1.54%), Hyundai Merchant Marine Co. Ltd. (1.46%), Kingspan Group PLC (1.34%). Gone: Ramsay Health Care Ltd. (2.89%), Lasertec Corp. (2.81%), Recordati Industria Chimica e Farmaceutica S.p.A. (2.41%), Royal Unibrew A/S (2.35%), Fastighets AB Balder (2.33%), argenx S.E. (1.98%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 29 Jun 2021 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 101: 41 added (28.36% of the fund), 40 dropped (39.12%). Turnover proxy 39.6%. Largest increases: Recordati Industria Chimica e Farmaceutica S.p.A. 0.63% to 2.41%; ASM International N.V. 1.18% to 2.27%; ASML Holding N.V. 1.67% to 2.26%; SOITEC 0.75% to 1.31%; Neste Oyj 0.83% to 1.26%; SGS S.A. 0.87% to 1.22%. Largest decreases: Royal Unibrew A/S 2.62% to 2.35%; Nibe Industrier AB 0.82% to 0.67%; GN Store Nord A/S 1.65% to 1.59%; Huhtamaki OYJ 0.56% to 0.54%; MISUMI Group, Inc. 0.54% to 0.53%; Daikin Industries Ltd. 0.54% to 0.54%. New: Lasertec Corp. (2.81%), argenx S.E. (1.98%), Eurofins Scientific SE (1.13%), Ballard Power Systems, Inc. (1.05%), Afterpay Ltd. (1.03%), Sonova Holding AG (0.86%). Gone: Kone OYJ (2.63%), Nemetschek SE (2.56%), Kirkland Lake Gold Ltd. (2.23%), AddTech AB (2.09%), Shin Poong Pharmaceutical Co. Ltd. (1.72%), Games Workshop Group PLC (1.72%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 01 Apr 2021 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 30 added (32.41% of the fund), 30 dropped (21.99%). Turnover proxy 32.9%. Largest increases: Kuehne + Nagel International AG 1.82% to 1.96%; GN Store Nord A/S 1.51% to 1.65%; MISUMI Group, Inc. 0.46% to 0.54%; Xero Ltd. 0.56% to 0.63%; Svenska Cellulosa AB SCA 0.51% to 0.55%; Sony Corp. 0.56% to 0.57%. Largest decreases: a2 Milk Co. Ltd. 2.53% to 1.7%; ASM International N.V. 1.85% to 1.18%; Kone OYJ 3.13% to 2.63%; Constellation Software, Inc. 2.77% to 2.32%; Alimentation Couche-Tard, Inc. 1.33% to 0.9%; Royal Unibrew A/S 2.99% to 2.62%. New: Boyd Group Services, Inc. (3.01%), Nemetschek SE (2.56%), Kirkland Lake Gold Ltd. (2.23%), AddTech AB (2.09%), Descartes Systems Group, Inc. (The) (1.87%), Shin Poong Pharmaceutical Co. Ltd. (1.72%). Gone: CSL Ltd. (2.31%), argenx S.E. (2.05%), Asahi Intecc Co. Ltd. (1.74%), Novartis AG (1.39%), Evolution Mining Ltd. (0.97%), Open Text Corp. (0.75%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 30 Dec 2020 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 37 added (32.82% of the fund), 37 dropped (32.13%). Turnover proxy 37.2%. Largest increases: Novo Nordisk A/S 1.2% to 1.93%; Daifuku Co. Ltd. 0.66% to 1.23%; argenx S.E. 1.67% to 2.05%; NEXON Co., Ltd. 0.76% to 1%; GN Store Nord A/S 1.29% to 1.51%; Givaudan S.A. 0.97% to 1.18%. Largest decreases: Hermes International 2.07% to 0.48%; Novartis AG 1.89% to 1.39%; Asahi Intecc Co. Ltd. 2.16% to 1.74%; CSL Ltd. 2.7% to 2.31%; a2 Milk Co. Ltd. 2.79% to 2.53%; Kuehne + Nagel International AG 2.06% to 1.82%. New: Royal Unibrew A/S (2.99%), Ramsay Health Care Ltd. (2.76%), Fastighets AB Balder (2.32%), ASM International N.V. (1.85%), Sampo Oyj (1.52%), Rightmove PLC (1.3%). Gone: Shopify, Inc. (2.88%), Vitasoy International Holdings Ltd. (2.55%), M3, Inc. (2.38%), Warehouses De Pauw C.V.A. (1.73%), Singapore Exchange Ltd. (1.32%), Toromont Industries Ltd. (1.23%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 29 Sep 2020 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 45 added (34.41% of the fund), 45 dropped (46.77%). Turnover proxy 47.6%. Largest increases: Shopify, Inc. 1.37% to 2.88%; a2 Milk Co. Ltd. 1.51% to 2.79%; M3, Inc. 1.19% to 2.38%; Asahi Intecc Co. Ltd. 1.34% to 2.16%; CSL Ltd. 1.9% to 2.7%; Hermes International 1.28% to 2.07%. Largest decreases: Sonova Holding AG 1.07% to 0.9%; Dassault Systemes S.E. 0.64% to 0.55%; Royal Bank of Canada 0.73% to 0.65%; Kerry Group PLC 0.64% to 0.57%; Snam S.p.A. 0.62% to 0.54%; Kingspan Group PLC 0.95% to 0.88%. New: Vitasoy International Holdings Ltd. (2.55%), Spirax-Sarco Engineering PLC (2.36%), Novartis AG (1.89%), Warehouses De Pauw C.V.A. (1.73%), GN Store Nord A/S (1.29%), SGS S.A. (1.21%). Gone: REA Group Ltd. (3.13%), Ramsay Health Care Ltd. (3.03%), Ryman Healthcare Ltd. (2.83%), Royal Unibrew A/S (2.76%), Ashtead Group PLC (2.08%), Fastighets AB Balder (1.76%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Jun 2020 12:00:00 GMThttps://themulden.com/funds/piz/https://themulden.com/funds/piz/100 positions became 100: 21 added (18.01% of the fund), 21 dropped (17.6%). Turnover proxy 20.2%. Largest increases: Ryman Healthcare Ltd. 2.53% to 2.83%; Royal Unibrew A/S 2.55% to 2.76%; Afterpay Touch Group Ltd. 0.9% to 1.06%; Galapagos N.V. 0.99% to 1.13%; Nibe Industrier AB 0.75% to 0.89%; Kingspan Group PLC 0.82% to 0.95%. Largest decreases: Kone OYJ 2.91% to 2.65%; Japan Hotel REIT Investment Corp. 0.72% to 0.56%; Ramsay Health Care Ltd. 3.15% to 3.03%; Huhtamaki OYJ 0.7% to 0.59%; Pernod Ricard S.A. 0.97% to 0.86%; Toromont Industries Ltd. 1.19% to 1.09%. New: a2 Milk Co. Ltd. (1.51%), Shopify, Inc. (1.37%), Asahi Intecc Co. Ltd. (1.34%), Kuehne + Nagel International AG (1.34%), Geberit AG (1.19%), Singapore Exchange Ltd. (1.01%). Gone: Auckland International Airport Ltd. (1.7%), Spirax-Sarco Engineering PLC (1.4%), Warehouses De Pauw CVA (1.19%), Vinci S.A. (1.11%), Daiwa House REIT Investment Corp. (1.03%), Oriental Land Co. Ltd. (1%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 31 Mar 2020 12:00:00 GMT