Kaufmann Large Cap Growth SMA as of 3/31/21

Communication Services Activision Blizzard, Inc. Alphabet Inc. Facebook, Inc. Netflix, Inc. Pinterest, Inc. The Walt Disney Company T-Mobile US, Inc. Consumer Discretionary Airbnb, Inc. Alibaba Group Holding Limited - ADR Amazon.com, Inc. Coupang LLC Etsy, Inc. Floor & Decor Holdings, Inc. Home Depot, Inc. Las Vegas Sand Corp. lululemon athletica inc. MercadoLibre, Inc. NIKE, Inc. The TJX Companies, Inc. Consumer Staples Costco Wholesale Corporation Estee Lauder Cos., Inc., Class A Energy New Fortress Energy, Inc. Financials BlackRock, Inc. JPMorgan Chase & Co. KKR & Co., Inc Class COMMON MSCI Inc. The Goldman Sachs Group, Inc. Health Care Abbott Laboratories Alcon Inc. Alnylam Pharmaceuticals, Inc. Argenx SE - ADR Catalent, Inc. Charles River Laboratories International, Inc. Danaher Corp. Dexcom, Inc. Edwards Lifesciences Corporation Genmab A/S - ADR IDEXX Laboratories, Inc. Intuitive Surgical, Inc. Moderna, Inc. Sarepta Therapeutics, Inc. Stryker Corp. Ultragenyx Pharmaceutical, Inc. Veeva Systems Inc. Vertex Pharmaceuticals, Inc. Zai Lab Limited - ADR Zoetis Inc. Industrials CoStar Group, Inc. Generac Holdings, Inc. IHS Markit Ltd Roper Technologies, Inc. Trane Technologies Public Limited Company Verisk Analytics, Inc. Information Technology Advanced Micro Devices, Inc. Apple Inc. Coupa Software, Inc. Fidelity National Information Services, Inc. GDS Holdings Ltd.- ADR GoDaddy, Inc. Marvell Technology Group Ltd. Mastercard, Inc. Microsoft Corporation Nuance Communications, Inc. PagSeguro Digital Ltd. PayPal Holdings, Inc. Qualcomm, Inc. Qualtrics International, Inc. salesforce.com, inc. ServiceNow, Inc. Shopify, Inc. Splunk, Inc. Unity Software, Inc. Visa Inc. Workday, Inc. Materials Air Products and Chemicals, Inc. Ecolab Inc. Scotts Co. The Sherwin-Williams Company Real Estate Crown Castle International Corp.

Please refer to the GIPS® report available on FederatedInvestors.com for additonal information. Federated Investment Counseling 50249 (5/21)