Instuitional Investor - Franchise Gp Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Nvidia Corp	NVDA	326,370	$56,918,928	20.93%
2.	Pdd Holdings Inc.	PDD	497,860	$50,871,335	18.71%
3.	Circle Internet Group Inc.	CRCL	443,713	$42,334,657	15.57%
4.	Taiwan Semiconductor Manufacturing Co Ltd	TSM	96,680	$32,673,006	12.01%
5.	Petrobras - Petroleo Brasileiro Sa	PBR	852,338	$17,686,014	6.5%