Zoom Video Communications, Inc.

**Zoom Video Communications, Inc.** maintains a concentrated portfolio with $31M in assets under management. The fund's current strategy is heavily weighted toward a single position, holding GBTG at $30.8M, representing approximately 99% of its total assets. This high concentration suggests a deep conviction in the selected name, making the fund highly directional. Investors should note the significant single-stock exposure within the current mandate.

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