# EDGAR Filing Document

**Accession Number:** 0000877670
**File Stem:** 0001752724-23-050021
**Filing Date:** 2023-3
**Character Count:** 201783
**Document Hash:** dc87658ae26d7c1d70f6875a0575ecc5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-050021.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-050021

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GABELLI EQUITY SERIES FUNDS INC
- **CENTRAL INDEX KEY:** 0000877670
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06367
- **FILM NUMBER:** 23692236

**BUSINESS ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 2123098448

**MAIL ADDRESS:**
- **STREET 1:** ONE CORPORATE CENTER
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

## Series and Classes Contracts Data

### THE GABELLI SMALL CAP GROWTH FUND (Series ID: S000001062)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000002854 | CLASS A      | GCASX           |
| C000002855 | CLASS AAA    | GABSX           |
| C000002857 | CLASS C      | GCCSX           |
| C000061073 | Class I      | GACIX           |

## Nport-Ex

# **The Gabelli Small Cap Growth Fund**
**Schedule of Investments - December 31, 2022 (Unaudited)**

| Shares | Market Value | Shares | Market Value |
| --- | --- | --- | --- |
| COMMON STOCKS - 99.2% |  | 11,000 Liberty Broadband Corp., Cl. C7 | $838,970 |
| Aerospace - 1.0% |  | 20,000 Liberty Media Corp., Liberty Formula One, Cl. A7 |  |
| 235,000 Aerojet Rocketdyne Holdings, Inc. 1 | $13,143,550 | 27,000 Liberty Media Corp., Liberty Formula One, Cl. C7 | 1,068,600 |
| 30,000 Solar Energy Technologies, Inc. 1 | 1,061,705 |  |  |
| 7,000 Krabs Defense & Security Solutions Inc. 1 | 328,800 | 64,000 Liberty Media Corp., Liberty SiriusXM, Cl. A7 | 1,614,060 |
|  | 72,240 |  | 2,515,840 |
|  | 14,686,295 |  |  |

**The Gabelli Small Cap Growth Fund**

1

2

# **Schedule of Investments (Continued) - December 31, 2022 (Unaudited)**

| Shares | Agriculture - 0.0% | Market Value | 34,452 Shares | Liberty Media Corp. Liberty SiriusXM, Cl. Ct. | Market Value |
| --- | --- | --- | --- | --- | --- |
| 20,000 | Cadd Inc. † | 25,000 | 182,000 | American Tobacco Co. (Retirement) | $813,750 |
| 52,000 | COMMON STOCKS (Continued) | 634,820 | 357,500 | Clare Holdings, Co. | 36,000,000 |
|  | Cable - 0.1% | 650,000 | 182,000 | American Tobacco Co. (Retirement) | 36,000,000 |
| 55,000 | AMC Networks Inc., Cl. A† | $661,500 | 182,000 | American Tobacco Co. (Retirement) | 36,000,000 |
| 39,000 | Amco Products, Inc., Cl. A† | 547,500 | 1,000,000 | American Tobacco Co. (Retirement) | 10,000,000 |
| 426,000 | Amco Products, Inc., Cl. A† | 2,400,000 | 3,000,000 | American Tobacco Co. (Retirement) | 42,000,000 |
| 66,000 | Amco Products, Inc., Cl. A† | 1,000,000 | 4,000,000 | American Tobacco Co. (Retirement) | 27,000,000 |
| 135,000 | Liberty Global plc, Cl. A† | 4,000,000 | 465,000 | Griffon Corp. | 16,642,350 |
| 136,000 | Liberty Global plc, Cl. C† | 2,000,000 |  |  |  |

# **Schedule of Investments (Continued) - December 31, 2022 (Unaudited)**

| 90,000 | International Trade and Accessories - 3.9% | Market | 20,000 | Health-Talk Materials Handling, Inc. | 27,937,000 |
| --- | --- | --- | --- | --- | --- |
| 147,000 | Scopolitan, Inc. | 6,958,840 | 102,000 | Building and Construction - 4.4% | 7,000,000 |
| 840,000 | International Trade and Accessories - 6.8% | 9,463,527 | 120,000 | International Trade and Construction - 4.4% | 7,000,000 |
| 84,000 | International Trade and Accessories - 3.4% | 3,441,828 | 120,000 | International Trade and Construction - 3.4% | 7,000,000 |
| 40,000 | International Trade and Accessories - 1.4% | 2,000,000 | 120,000 | International Trade and Construction - 1.4% | 7,000,000 |
| 1,100,000 | International Trade and Accessories - 1.4% | 16,000,000 | 120,000 | International Trade and Construction - 16,000,000 | 7,000,000 |
| 30,000 | International Trade and Accessories - 1.4% | 7,000,000 | 120,000 | International Trade and Construction - 7.4% | 7,000,000 |
| 30,000 | International Trade and Accessories - 1.4% | 1,000,000 | 120,000 | International Trade and Construction - 1.4% | 7,000,000 |
| 30,000 | International Trade and Accessories - 1.4% | 1,000,000 | 120,000 | International Trade and Construction - 1.4% | 7,000,000 |

# **The Gabelli Small Cap Growth Fund**

# Schedule of Investments (Continued) - December 31, 2022 (Unaudited)[{"box_2d": [25, 58, 629, 141], "label": "table", "caption": "

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |
| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |
| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |
| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

| 1,700,000 | Interim Assets, Inc. | 1,700,000 | 1,700,000 | Interim Assets, Inc. | 1,700,000 |
| --- | --- | --- | --- | --- | --- |

<table><tr><td>1,700,000</td><td>Interim Assets, Inc.</td><td>1,700,000</td><td>1,700,000</td><td>Interim Assets, Inc.</td><td>1,700,000</td></tr></tabletable><table><tr><td>1,700,000</td><td>Interim Assets, Inc.</td><td>1,700,000</td><td>1,700,000</td><td>Interim Assets, Inc.</td><td>1,700,000</td></tr></tabletable><table><tr><td>1,700,000</td><td>Interim Assets, Inc.</td><td>1,700,000</td><td>1,700,000</td><td>Interim Assets, Inc.</td><td>1,700,000</td></tr></tabletable><table><tr><td>1,700,000</td><td>Interim Assets, Inc.</td><td>1,700,000</td><td>1,700,000</td><td>Interim Assets, Inc.</td><td>1,700,000</td></tr></tabletable><table><tr><td>1,700,000</td><td>Interim Assets, Inc.</td><td>1,700,000</td><td>1,700,000</td><td>Interim Assets, Inc.</td><td>1,

# Schedule of Investments (Continued) - December 31, 2022 (Unaudited)[{"box_2d": [31, 56, 630, 141], "label": "table", "caption": "

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| 31,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 | 12,000 | Cash & Cash Equivalents, S.A. Ltd. | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

<table><tr><td>31,000</td><td>Cash &amp; Cash Equivalents, S.A. Ltd.</td><

# Schedule of Investments (Continued) - December 31, 2022 (Unaudited)

| (a) | 40,000 | Rock Field Co. Ltd. | 680,424 | 125,000 | Radger Motor Inc. | 12,538,450 |
| --- | --- | --- | --- | --- | --- | --- |
|  | 25,000 | Rockfield Industries, Inc. (R) and G. A. | 3,788,304 | 250,000 | Rockfield Industries, Inc. | 12,538,450 |
|  | 15,000 | Rockfield Industries, Inc. (R) and G. A. | 2,488,000 | 250,000 | Rockfield Industries, Inc. | 12,538,450 |
| (b) | 40,000 | Rockfield Industries, Inc. (R) and G. A. | 3,788,304 | 250,000 | Rockfield Industries, Inc. | 12,538,450 |
|  | 25,000 | Rockfield Industries, Inc. (R) and G. A. | 3,788,304 | 250,000 | Rockfield Industries, Inc. | 12,538,450 |
| (c) | 40,000 | Rockfield Industries, Inc. (R) and G. A. | 3,788,304 | 250,000 | Rockfield Industries, Inc. | 12,538,450 |
|  | 25,000 | Rockfield Industries, Inc. (R) and G. A. | 3,788,304 | 250,000 | Rockfield Industries, Inc. | 12,538,450 |
| † | 40,000 | Rockfield Industries, Inc. (R) and G. A. | 3,788,304 | 250,000 | Rockfield Industries, Inc. | 12,538,450 |
|  | 25,000 | Rockfield Industries, Inc. (R) and G. A. | 3,788,304 | 250,000 | Rockfield Industries, Inc. | 12,538,450 |
| ACRI | 40,000 | Rockfield Industries, Inc. (R) and G. A. | 3,788,304 | 250,000 | Rockfield Industries, Inc. | 12,538,450 |

The Gabelli Small Cap Growth Fund

6

| CVR | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| REIT | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
|  | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
|  | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |  |  |  |
|  | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |  |  |  |
|  | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |  |  |  |
|  | 100,000 | 100,000 |  |  |  |  |  |  |
|  | 100,000 | 100,000 |  |  |  |  |  |  |
|  | 100,000 | 100,000 |  |  |  |  |  |  |
|  | 100,000 | 100,000 |  |  |  |  |  |  |
|  | 100,000 | 100,000 |  |  |  |  |  |  |
|  | 100,000 |  |  |  |  |  |  |  |
|  | 100,000 |  |  |  |  |  |  |  |
|  | 100,000 |  |  |  |  |  |  |  |
|  | 100,000 |  |  |  |  |  |  |  |
|  | 100,000 |  |  |  |  |  |  |  |
|  | 100,000 |  |  |  |  |  |  |  |

| 100,000 | Research and Design Corp., Cl. A | 9,000,000 | 74,000 | Energy Recovery Inc. † | 1,516,260 |
| --- | --- | --- | --- | --- | --- |
| 100,000 | Research and Design Corp., Cl. A | 9,000,000 | 74,000 | Environmental Research and Development | 2,000,000 |
| 100,000 | Research and Design Corp., Cl. A | 9,000,000 | 74,000 | Environmental Research and Development | 2,000,000 |
| 100,000 | Research and Design Corp., Cl. A | 9,000,000 | 74,000 | Environmental Research and Development | 2,000,000 |
| 100,000 | Research and Design Corp., Cl. A | 12,000,000 | 14,000 | Environmental Research and Development | 300,000 |
| 100,000 | Research and Design Corp., Cl. B | 12,000,000 | 14,000 | Environmental Research and Development | 12,000,000 |
| 100,000 | Research and Design Corp., Cl. B | 12,000,000 | 14,000 | Environmental Research and Development | 12,000,000 |
| 100,000 | Research and Design Corp., Cl. B | 12,000,000 | 14,000 | Environmental Research and Development | 12,000,000 |

| 34,000 | Research and Design Corp., Cl. B | 4,000,000 | 74,000 | Environmental Research and Development | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| 34,000 | Research and Design Corp., Cl. B | 4,000,000 | 74,000 | Environmental Research and Development | 1,000,000 |
| 100,000 | Research and Design Corp., Cl. B | 4,000,000 | 74,000 | Environmental Research and Development | 4,000,000 |
| 100,000 | Research and Design Corp., Cl. B | 4,000,000 | 74,000 | Environmental Research and Development | 4,000,000 |
| 100,000 | Research and Design Corp., Cl. B | 4,000,000 | 74,000 | Environmental Research and Development | 4,000,000 |

| 74,000 | Research and Design Corp., Cl. B | 1,000,000 | 120,000 | Environmental Research and Development | 8,000,000 |
| --- | --- | --- | --- | --- | --- |
| 74,000 | Research and Design Corp., Cl. B | 1,000,000 | 120,000 | Environmental Research and Development | 8,000,000 |
| 74,000 | Research and Design Corp., Cl. B | 1,000,000 | 120,000 | Environmental Research and Development | 8,000,000 |
| 74,000 | Research and Design Corp., Cl. B | 1,000,000 | 120,000 | Environmental Research and Development | 24,000,000 |
| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B | 3,000,000 | 220,000 | Environmental Research and Development | 2,000,000 |
| --- | --- | --- | --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

| 80,000 | Research and Design Corp., Cl. B |  |
| --- | --- | --- |

</table>

| 98,000 | Intermap Corp. | 1,441,000 | 500,000 | Outlook Free 30mm Group Ltd. † | 22,420 |
| --- | --- | --- | --- | --- | --- |
| 100,000 | Ollsco Industries Inc. | 10,000,000 | 40,000 | Outlook Life, Ltd. 21 A1 | 210,512 |
| 129,000 | Specialty Check-Info Inc. 2.1% | 2,648,370 | 15,000 | Instrat. 2.0% | 310,000 |
| 14,000 | Platinum Corp. | 990,000 | 18,000 | Instrat. 2.0% | 310,000 |
| 24,000 | Seikagelon Corp. | 3,338,000 | 1 | Intermap Corp., expire 05/08/24 †(b) | 744,000 |
| 265,000 | STE Wipe Co. | 17,585,700 |  | Posting Enlight - 0.0% |  |
| 37,000 | Business Holding AG | 2,448,000 | 149,000 | Annam Holdings Corp., expire 04/01/25 † | 1,580,000 |
| 43,000 | Hyphenol Group | 1,700,000 | 4,500 | TOTAL INCOME | 138,000 |
| 35,000 | Seikagelon Kioji | 1,703,000 | 34,000 | Notes Corp., Co. A | 618,000 |
|  |  |  | 775,000 | TOTAL MISCELLANEOUS INVESTMENTS | 10,222,250 |

| 19,400 | Quaker Stealth & Corp. | 1,402,940 |
| --- | --- | --- |
| 1,000 | Rogers Corp. f | 119,340 |
| 29,000 | Sensent Technologies Corp. | 2,114,680 |
| 2,500 | Takasago International Corp. | 48,480 |
| 91,200 | The General Chemical Group Inc. f (b) | 0 |
| 88,000 | Valvoline Inc. | 2,873,200 |
|  |  | 32,098,268 |

- 0.5% (c) ... 1,644,948

TOTAL INVESTMENTS - 100.0%
(Cost $456,024,516 ) ... $1,518,116,838

Telecommunications - 0.7%

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Gabelli Equity Series Funds Inc

- **b. Investment Company Act file number:** 811-06367

- **c. CIK number of Registrant:** 0000877670

- **d. LEI of Registrant:** 5493007J8TJQ0MSHWY40

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Corporate Center

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580-1422

  - **Telephone number:** 1-800-422-3554

**Item A.2. Information about the Series.**

- **a. Name of Series:** The Gabelli Small Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000001062

- **c. LEI of Series:** 5493004KDRWUBCSSBJ87

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1527070695.83

**Total Liabilities:** $7667196.99

**Net Assets:** $1519403498.84

**Assets Attributable to Miscellaneous Securities:** $7544045.00

**Cash Not Reported:** $92202.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002857 | 12.21%               | 6.01%                | -3.71%               |
| Class ID C000061073 | 12.34%               | 6.07%                | -3.63%               |
| Class ID C000002855 | 12.30%               | 6.05%                | -3.66%               |
| Class ID C000002854 | 12.32%               | 6.05%                | -3.64%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $18493598.60             | $154534465.91                              |
| Month 2  | $32602910.91             | $60159044.10                               |
| Month 3  | $23727614.39             | $-82392055.92                              |

### Schedule of Portfolio Investments

| Name                                | Title                                                | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CONMED Corp                         | CONMED Corp                                          | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |     21000 | NS      | $1861440.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Park-Ohio Holdings Corp             | Park-Ohio Holdings Corp                              | CUSIP: 700666100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    320000 | NS      | $3913600.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX Corp                           | IMAX Corp                                            | CUSIP: 45245E109<br>LEI: 5493002KS2T1Q0X7VZ21 | Long             | EC               | CORP              | CA        |     20000 | NS      | $293200.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                            | Moog Inc                                             | CUSIP: 615394301<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     18000 | NS      | $1564560.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Entertai      | Madison Square Garden Entertainment Corp             | CUSIP: 55826T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92340 | NS      | $4152529.80   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Greif Inc                           | Greif Inc                                            | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |    105500 | NS      | $7074830.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Valley National Bancorp             | Valley National Bancorp                              | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    230000 | NS      | $2601300.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Shyft Group Inc/The                 | Shyft Group Inc/The                                  | CUSIP: 825698103<br>LEI: 549300YY0TB51BGRV994 | Long             | EC               | CORP              | US        |     68000 | NS      | $1690480.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Chofu Seisakusho Co Ltd             | Chofu Seisakusho Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     32000 | NS      | $468393.78    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nathan's Famous Inc                 | Nathan's Famous Inc                                  | CUSIP: 632347100<br>LEI: 54930034SKNSF1JIE673 | Long             | EC               | CORP              | US        |    157000 | NS      | $10551970.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Instruments Inc                 | MKS Instruments Inc                                  | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     11500 | NS      | $974395.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                          | STERIS PLC                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23400 | NS      | $4321746.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries Inc              | Trinity Industries Inc                               | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |    220500 | NS      | $6520185.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Manitowoc Co Inc/The                | Manitowoc Co Inc/The                                 | CUSIP: 563571405<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | EC               | CORP              | US        |     52000 | NS      | $476320.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vroom Inc                           | Vroom Inc                                            | CUSIP: 92918V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6700 | NS      | $6834.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc              | Roper Technologies Inc                               | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |     14000 | NS      | $6049260.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| LCI Industries                      | LCI Industries                                       | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |      3200 | NS      | $295840.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Thor Industries Inc                 | Thor Industries Inc                                  | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |     18700 | NS      | $1411663.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co             | Modine Manufacturing Co                              | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |    382000 | NS      | $7586520.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| GSE Systems Inc                     | GSE Systems Inc                                      | CUSIP: 36227K106<br>LEI: 54930082DOCQ7IC63U31 | Long             | EC               | CORP              | US        |     13000 | NS      | $8840.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Iwatsuka Confectionery Co Ltd       | Iwatsuka Confectionery Co Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     46000 | NS      | $1507162.45   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc                         | Textron Inc                                          | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |    336500 | NS      | $23824200.00  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Strattec Security Corp              | Strattec Security Corp                               | CUSIP: 863111100<br>LEI: 549300Z394OP8S8TSR40 | Long             | EC               | CORP              | US        |    246000 | NS      | $5055300.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| China Automotive Systems Inc        | China Automotive Systems Inc                         | CUSIP: 16936R105<br>LEI: 52990059UORTCZ66JW45 | Long             | EC               | CORP              | CN        |     94022 | NS      | $545327.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc                        | Bel Fuse Inc                                         | CUSIP: 077347201<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |    211500 | NS      | $7040835.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Village Super Market Inc            | Village Super Market Inc                             | CUSIP: 927107409<br>LEI: 25490069686XCNNEMQ07 | Long             | EC               | CORP              | US        |     60000 | NS      | $1397400.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For      | Liberty Media Corp-Liberty Formula One               | CUSIP: 531229870<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20000 | NS      | $1068600.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WideOpenWest Inc                    | WideOpenWest Inc                                     | CUSIP: 96758W101<br>LEI: 549300RM6J2BWWOFU889 | Long             | EC               | CORP              | US        |     90000 | NS      | $819900.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kobayashi Pharmaceutical Co Lt      | Kobayashi Pharmaceutical Co Ltd                      | CUSIP: 000000000<br>LEI: 529900WBSL04KD6TKP95 | Long             | EC               | CORP              | JP        |      2500 | NS      | $172013.11    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                    | Donaldson Co Inc                                     | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |    100000 | NS      | $5887000.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU Medical Inc                     | ICU Medical Inc                                      | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |     28000 | NS      | $4409440.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                      | Ameris Bancorp                                       | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |      7000 | NS      | $329980.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Winmark Corp                        | Winmark Corp                                         | CUSIP: 974250102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       600 | NS      | $141498.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Irish Continental Group PLC         | Irish Continental Group PLC                          | CUSIP: 000000000<br>LEI: 635400FQKB6QXERQOC74 | Long             | EC               | CORP              | IE        |     18600 | NS      | $85216.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Seikagaku Corp                      | Seikagaku Corp                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     24000 | NS      | $164401.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Legacy Housing Corp                 | Legacy Housing Corp                                  | CUSIP: 52472M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $56880.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Loomis AB                           | Loomis AB                                            | CUSIP: 000000000<br>LEI: 213800NS2XXVRYS7WP40 | Long             | EC               | CORP              | SE        |     40000 | NS      | $1096326.25   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                        | Entegris Inc                                         | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |     38700 | NS      | $2538333.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Waterloo Investment Holdings L      | Waterloo Investment Holdings Ltd                     | CUSIP: 000000000<br>LEI: 213800TZIK14GMV2YL02 | Long             | EC               | CORP              | VG        |     10000 | NS      | $5000.00      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Brown-Forman Corp                   | Brown-Forman Corp                                    | CUSIP: 115637100<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |     75500 | NS      | $4964880.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Medallion Financial Corp            | Medallion Financial Corp                             | CUSIP: 583928106<br>LEI: 549300FJ4FMGJ2C34Y48 | Long             | EC               | CORP              | US        |     80000 | NS      | $571200.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                            | Fox Corp                                             | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     39500 | NS      | $1199615.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Morinaga Milk Industry Co Ltd       | Morinaga Milk Industry Co Ltd                        | CUSIP: 000000000<br>LEI: 529900FB91P7MVO08949 | Long             | EC               | CORP              | JP        |     62000 | NS      | $2359722.65   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| General Chemical Group Inc/The      | General Chemical Group Inc/The                       | CUSIP: 369332200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91200 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Tejon Ranch Co                      | Tejon Ranch Co                                       | CUSIP: 879080109<br>LEI: 549300TMNDO77VJ6J111 | Long             | EC               | CORP              | US        |    136600 | NS      | $2573544.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| China Tontine Wines Group Ltd       | China Tontine Wines Group Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    900000 | NS      | $11761.01     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                             | NVR Inc                                              | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |      1900 | NS      | $8763902.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                          | Tennant Co                                           | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |    169000 | NS      | $10405330.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                             | IAC Inc                                              | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |      5000 | NS      | $222000.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Bra      | Liberty Media Corp-Liberty Braves                    | CUSIP: 531229706<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    153000 | NS      | $4998510.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kikkoman Corp                       | Kikkoman Corp                                        | CUSIP: 000000000<br>LEI: 529900T9K5UH9HXOND47 | Long             | EC               | CORP              | JP        |    240000 | NS      | $12691252.67  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimano Inc                         | Shimano Inc                                          | CUSIP: 000000000<br>LEI: 529900L32YT3P9DECR10 | Long             | EC               | CORP              | JP        |      3700 | NS      | $589789.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaman Corp                          | Kaman Corp                                           | CUSIP: 483548103<br>LEI: 5493003YK076OLTEQF95 | Long             | EC               | CORP              | US        |    675000 | NS      | $15052500.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Communications Inc           | Rogers Communications Inc                            | CUSIP: 775109200<br>LEI: 54930030NVF3Y2OL0A78 | Long             | EC               | CORP              | CA        |     82000 | NS      | $3840880.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sohgo Security Services Co Ltd      | Sohgo Security Services Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     69000 | NS      | $1890086.86   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                  | Energy Transfer LP                                   | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |    325000 | NS      | $3857750.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogeco Inc                          | Cogeco Inc                                           | CUSIP: 19238T100<br>LEI: 5493000KSZQCX0QM2V25 | Long             | EC               | CORP              | CA        |     24000 | NS      | $1126794.68   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCO Brands Corp                    | ACCO Brands Corp                                     | CUSIP: 00081T108<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | EC               | CORP              | US        |     13000 | NS      | $72670.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp                            | AAR Corp                                             | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     20000 | NS      | $898000.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenandoah Telecommunications       | Shenandoah Telecommunications Co                     | CUSIP: 82312B106<br>LEI: 549300XH3H4OUKFPHS84 | Long             | EC               | CORP              | US        |    109500 | NS      | $1738860.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods Inc                   | Flowers Foods Inc                                    | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |    400000 | NS      | $11496000.00  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors Inc           | Ethan Allen Interiors Inc                            | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5000 | NS      | $132100.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp                       | Huntsman Corp                                        | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     40000 | NS      | $1099200.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chr Hansen Holding A/S              | Chr Hansen Holding A/S                               | CUSIP: 000000000<br>LEI: 549300MKPW8ZF3E8MW37 | Long             | EC               | CORP              | DK        |    125000 | NS      | $8991550.07   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                   | Tractor Supply Co                                    | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     27400 | NS      | $6164178.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Bassett Furniture Industries I      | Bassett Furniture Industries Inc                     | CUSIP: 070203104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    161500 | NS      | $2806870.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| OPKO Health Inc                     | OPKO Health Inc                                      | CUSIP: 68375N103<br>LEI: 529900A4S2D4OGOJLL02 | Long             | EC               | CORP              | US        |    190000 | NS      | $237500.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Argo Group International Holdi      | Argo Group International Holdings Ltd                | CUSIP: 000000000<br>LEI: 549300M4T8Y5TTWI6O03 | Long             | EC               | CORP              | BM        |     23000 | NS      | $594550.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bull-Dog Sauce Co Ltd               | Bull-Dog Sauce Co Ltd                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     40000 | NS      | $555928.07    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Manchester United Plc               | Manchester United Plc                                | CUSIP: 000000000<br>LEI: 529900GWGZPE83MJOV59 | Long             | EC               | CORP              | GB        |     66000 | NS      | $1539780.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingles Markets Inc                  | Ingles Markets Inc                                   | CUSIP: 457030104<br>LEI: 549300XH5RYBMYP8TF26 | Long             | EC               | CORP              | US        |    201700 | NS      | $19455982.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Jungheinrich AG                     | Jungheinrich AG                                      | CUSIP: 000000000<br>LEI: 529900PHZORTU6FSXE73 | Long             | EP               | CORP              | DE        |     85000 | NS      | $2418467.69   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc                    | Badger Meter Inc                                     | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |    115000 | NS      | $12538450.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| IDT Corp                            | IDT Corp                                             | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |      3500 | NS      | $98595.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Allied Motion Technologies Inc      | Allied Motion Technologies Inc                       | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |     30500 | NS      | $1061705.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Pets at Home Group Plc              | Pets at Home Group Plc                               | CUSIP: 000000000<br>LEI: 2138003Y9ULD24PD3J93 | Long             | EC               | CORP              | GB        |     90000 | NS      | $308572.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J Snack Foods Corp              | J & J Snack Foods Corp                               | CUSIP: 466032109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23000 | NS      | $3443330.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                | Chart Industries Inc                                 | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |      9200 | NS      | $1060116.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Water Co Ltd           | Consolidated Water Co Ltd                            | CUSIP: 000000000<br>LEI: 5299001BMEW8X9VIJA73 | Long             | EC               | CORP              | KY        |     20000 | NS      | $296000.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products Inc          | Mueller Water Products Inc                           | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |    335000 | NS      | $3604600.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                         | Neogen Corp                                          | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |     45000 | NS      | $685350.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Molding Technologies Inc       | Core Molding Technologies Inc                        | CUSIP: 218683100<br>LEI: 549300ZY2MFRXCKVIJ28 | Long             | EC               | CORP              | US        |    316500 | NS      | $4111335.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp                         | Gentex Corp                                          | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |    120000 | NS      | $3272400.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong Flooring Inc              | Armstrong Flooring Inc                               | CUSIP: 04238R106<br>LEI: 549300GBU3OBQ2CBLJ59 | Long             | EC               | CORP              | US        |    200000 | NS      | $2000.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Mines Ltd                   | Ivanhoe Mines Ltd                                    | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |     45000 | NS      | $355613.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Movado Group Inc                    | Movado Group Inc                                     | CUSIP: 624580106<br>LEI: 549300WCGCGPWGHVXM59 | Long             | EC               | CORP              | US        |     70000 | NS      | $2257500.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Communications Ho      | Consolidated Communications Holdings Inc             | CUSIP: 209034107<br>LEI: 529900F6S64KOO8CXH48 | Long             | EC               | CORP              | US        |     30000 | NS      | $107400.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| National Presto Industries Inc      | National Presto Industries Inc                       | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5500 | NS      | $376530.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| H&E Equipment Services Inc          | H&E Equipment Services Inc                           | CUSIP: 404030108<br>LEI: 254900KVLRCDMQRYY541 | Long             | EC               | CORP              | US        |     16000 | NS      | $726400.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland Inc                         | Ashland Inc                                          | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     28000 | NS      | $3010840.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings Inc                   | Post Holdings Inc                                    | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |     13000 | NS      | $1173380.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Sir      | Liberty Media Corp-Liberty SiriusXM                  | CUSIP: 531229607<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34452 | NS      | $1348106.76   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Entertainment Corp        | Universal Entertainment Corp                         | CUSIP: 000000000<br>LEI: 353800BBJTHSMSQ31V91 | Long             | EC               | CORP              | JP        |     35000 | NS      | $634181.65    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                      | Astronics Corp                                       | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |      9500 | NS      | $97850.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KAR Auction Services Inc            | KAR Auction Services Inc                             | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |    180000 | NS      | $2349000.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| HERTZ GLOBAL HOLDINGS INC           | HERTZ GLOBAL HOLDINGS INC                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       523 | NS      | $8048.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Olin Corp                           | Olin Corp                                            | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |     13000 | NS      | $688220.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                          | Watsco Inc                                           | CUSIP: 942622101<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      7875 | NS      | $2006510.63   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Steven Madden Ltd                   | Steven Madden Ltd                                    | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     10000 | NS      | $319600.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc                | Align Technology Inc                                 | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |      1400 | NS      | $295260.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| FNB Corp/PA                         | FNB Corp/PA                                          | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |     66000 | NS      | $861300.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Limoneira Co                        | Limoneira Co                                         | CUSIP: 532746104<br>LEI: 549300UCPZVJGYHI7550 | Long             | EC               | CORP              | US        |     52000 | NS      | $634920.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                      | BorgWarner Inc                                       | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |    147500 | NS      | $5936875.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Beer Co Inc/The              | Boston Beer Co Inc/The                               | CUSIP: 100557107<br>LEI: 529900Q02MQ0DCQNRM58 | Long             | EC               | CORP              | US        |      2400 | NS      | $790848.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corp                         | Chemed Corp                                          | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |       850 | NS      | $433865.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dana Inc                            | Dana Inc                                             | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |   1108000 | NS      | $16764040.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp                     | Sealed Air Corp                                      | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |     20000 | NS      | $997600.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| WWE                                 | World Wrestling Entertainment Inc                    | CUSIP: 98156Q108<br>LEI: 549300WZVLSCS3L4L698 | Long             | EC               | CORP              | US        |     55200 | NS      | $3782304.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| York Water Co/The                   | York Water Co/The                                    | CUSIP: 987184108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33000 | NS      | $1484340.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Samick Musical Instruments Co       | Samick Musical Instruments Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    215000 | NS      | $218485.57    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Central and Eastern Europe Fund Inc | Central and Eastern Europe Fund Inc                  | CUSIP: 153436100<br>LEI: 549300TSXFIOF89ZI608 | Long             | EC               | RF                | US        |     53200 | NS      | $439432.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries Inc                | Cavco Industries Inc                                 | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     69000 | NS      | $15611250.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mandarin Oriental Internationa      | Mandarin Oriental International Ltd                  | CUSIP: 000000000<br>LEI: 213800KQ1UMKZ1JXJR80 | Long             | EC               | CORP              | HK        |   2350000 | NS      | $4512000.00   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Brembo SpA                          | Brembo SpA                                           | CUSIP: 000000000<br>LEI: 549300BLWVJN2BAT0A44 | Long             | EC               | CORP              | IT        |    846000 | NS      | $9463527.32   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TINGYI                              | Tingyi Cayman Islands Holding Corp                   | CUSIP: 000000000<br>LEI: 5299009MPI9B60VN4P25 | Long             | EC               | CORP              | CN        |    625000 | NS      | $1103395.70   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nissin Foods Holdings Co Ltd        | Nissin Foods Holdings Co Ltd                         | CUSIP: 000000000<br>LEI: 529900YMZMNSHC1W6V41 | Long             | EC               | CORP              | JP        |     43500 | NS      | $3453748.86   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Arca Continental SAB de CV          | Arca Continental SAB de CV                           | CUSIP: 000000000<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |    425000 | NS      | $3446847.82   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc       | Lincoln Electric Holdings Inc                        | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     40700 | NS      | $5880743.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| HB Fuller Co                        | HB Fuller Co                                         | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |    245000 | NS      | $17546900.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVATE Corp                       | INNOVATE Corp                                        | CUSIP: 45784J105<br>LEI: 549300S6O246JWQQ1K58 | Long             | EC               | CORP              | US        |    162000 | NS      | $302940.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Teladoc Health Inc                  | Teladoc Health Inc                                   | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |     19600 | NS      | $463540.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Clear Channel Outdoor Holdings      | Clear Channel Outdoor Holdings Inc                   | CUSIP: 18453H106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    505000 | NS      | $530250.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties I      | Ryman Hospitality Properties Inc                     | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |    249200 | NS      | $20379576.00  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Penske Automotive Group Inc         | Penske Automotive Group Inc                          | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |     70100 | NS      | $8056593.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc                  | Globus Medical Inc                                   | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |    148500 | NS      | $11029095.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Daktronics Inc                      | Daktronics Inc                                       | CUSIP: 234264109<br>LEI: 549300IOLZ3SG5YUJ288 | Long             | EC               | CORP              | US        |     35000 | NS      | $98700.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Rock Field Co Ltd                   | Rock Field Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     60000 | NS      | $689423.96    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp                         | Bruker Corp                                          | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |     13300 | NS      | $909055.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Corus Entertainment Inc             | Corus Entertainment Inc                              | CUSIP: 220874101<br>LEI: 549300DVZFTUMM4M2O84 | Long             | EC               | CORP              | CA        |    194000 | NS      | $309483.01    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| European Equity Fund Inc/The        | European Equity Fund Inc/The                         | CUSIP: 298768102<br>LEI: 5493008XBHSH29XH9329 | Long             | EC               | RF                | US        |     32729 | NS      | $245467.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                         | Lennar Corp                                          | CUSIP: 526057302<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |    371600 | NS      | $27788248.00  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Gyrodyne LLC                        | Gyrodyne LLC                                         | CUSIP: 403829104<br>LEI: 549300CF8EE7IDXWHQ23 | Long             | EC               | CORP              | US        |      8900 | NS      | $72090.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Renesas Electronics Corp            | Renesas Electronics Corp                             | CUSIP: 000000000<br>LEI: 5299000EPC47VJQOFB81 | Long             | EC               | CORP              | JP        |     30000 | NS      | $270534.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation Inc                      | AutoNation Inc                                       | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114800 | NS      | $12318040.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp                    | Boyd Gaming Corp                                     | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     50500 | NS      | $2753765.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc             | O'Reilly Automotive Inc                              | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      4300 | NS      | $3629329.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Landis+Gyr Group AG                 | Landis+Gyr Group AG                                  | CUSIP: 000000000<br>LEI: 529900PZYVAKCYSLFL19 | Long             | EC               | CORP              | CH        |     29000 | NS      | $2046450.01   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Ltd                    | Wynn Resorts Ltd                                     | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |     13000 | NS      | $1072110.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                          | AMETEK Inc                                           | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |    393600 | NS      | $54993792.00  | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp/The                   | Middleby Corp/The                                    | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     50000 | NS      | $6695000.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc              | Diamondback Energy Inc                               | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     36800 | NS      | $5033504.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| National Beverage Corp              | National Beverage Corp                               | CUSIP: 635017106<br>LEI: 549300O9MZIQJI8TGV17 | Long             | EC               | CORP              | US        |      7500 | NS      | $348975.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EnPro Industries Inc                | EnPro Industries Inc                                 | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |     95400 | NS      | $10369026.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyster-Yale Materials Handling      | Hyster-Yale Materials Handling Inc                   | CUSIP: 449172105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20500 | NS      | $518855.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc               | Element Solutions Inc                                | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |     60000 | NS      | $1091400.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc               | Republic Services Inc                                | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     59000 | NS      | $7610410.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Place Holdings Inc          | Trinity Place Holdings Inc                           | CUSIP: 89656D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    139000 | NS      | $102846.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cooper Cos Inc/The                  | Cooper Cos Inc/The                                   | CUSIP: 216648402<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |       100 | NS      | $33067.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Iridium Communications Inc          | Iridium Communications Inc                           | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |     31000 | NS      | $1593400.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Biglari Holdings Inc                | Biglari Holdings Inc                                 | CUSIP: 08986R408<br>LEI: 549300GLWWSODF8TM682 | Long             | EC               | CORP              | US        |       900 | NS      | $628177.50    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Moog Inc                            | Moog Inc                                             | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     89000 | NS      | $7810640.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinclair Broadcast Group Inc        | Sinclair Broadcast Group Inc                         | CUSIP: 829226109<br>LEI: 529900879GWQV880PQ28 | Long             | EC               | CORP              | US        |    260000 | NS      | $4032600.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Straumann Holding AG                | Straumann Holding AG                                 | CUSIP: 000000000<br>LEI: 50670046ML5FVIM60Z37 | Long             | EC               | CORP              | CH        |     19000 | NS      | $2169902.13   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DISH Network Corp                   | DISH Network Corp                                    | CUSIP: 25470M109<br>LEI: 529900U350CWHH15G169 | Long             | EC               | CORP              | US        |     39000 | NS      | $547560.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vina Concha y Toro SA               | Vina Concha y Toro SA                                | CUSIP: 000000000<br>LEI: 5493008GQ74NEYBVB518 | Long             | EC               | CORP              | CL        |    370000 | NS      | $466725.61    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                  | United Rentals Inc                                   | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     34000 | NS      | $12084280.00  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| NorthWestern Corp                   | NorthWestern Corp                                    | CUSIP: 668074305<br>LEI: 3BPWMBHR1R9SHUN7J795 | Long             | EC               | CORP              | US        |     21500 | NS      | $1275810.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| COMM SYS/PINEAPPLE HLDGS CVR        | COMM SYS/PINEAPPLE HLDGS CVR                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60500 | NS      | $213565.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CTS Corp                            | CTS Corp                                             | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |    437000 | NS      | $17226540.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                        | KKR & Co Inc                                         | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    676000 | NS      | $31379920.00  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| LS Starrett Co/The                  | LS Starrett Co/The                                   | CUSIP: 855668109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    115003 | NS      | $846422.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmer Bros Co                      | Farmer Bros Co                                       | CUSIP: 307675108<br>LEI: 5493006PMLETBTVJ3262 | Long             | EC               | CORP              | US        |    115000 | NS      | $530150.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties       | Gaming and Leisure Properties Inc                    | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |     48508 | NS      | $2526781.72   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Iveco Group NV                      | Iveco Group NV                                       | CUSIP: 000000000<br>LEI: 549300ZWF2ZJDD9EOR96 | Long             | EC               | CORP              | IT        |    420000 | NS      | $2498815.66   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Yakult Honsha Co Ltd                | Yakult Honsha Co Ltd                                 | CUSIP: 000000000<br>LEI: 353800YJPSPGG7KI0S71 | Long             | EC               | CORP              | JP        |    100000 | NS      | $6522401.71   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                          | Arcosa Inc                                           | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     79000 | NS      | $4292860.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Vehicle Group Inc        | Commercial Vehicle Group Inc                         | CUSIP: 202608105<br>LEI: 5493006OG8I91X0K7Q22 | Long             | EC               | CORP              | US        |     74000 | NS      | $503940.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sirius XM Holdings Inc              | Sirius XM Holdings Inc                               | CUSIP: 82968B103<br>LEI: 54930055RWDMVXAGZK98 | Long             | EC               | CORP              | US        |    480000 | NS      | $2803200.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons Inc               | John Wiley & Sons Inc                                | CUSIP: 968223305<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |      4500 | NS      | $178695.00    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Genting Singapore Ltd               | Genting Singapore Ltd                                | CUSIP: 000000000<br>LEI: 254900Y2N3AK93K1O866 | Long             | EC               | CORP              | SG        |    750000 | NS      | $534754.37    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Holdings Co                   | Crane Holdings Co                                    | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |    357500 | NS      | $35910875.00  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                      | Astronics Corp                                       | CUSIP: 046433207<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |     23200 | NS      | $230840.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                  | Crown Holdings Inc                                   | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |     95000 | NS      | $7809950.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Activision Blizzard Inc             | Activision Blizzard Inc                              | CUSIP: 00507V109<br>LEI: 549300TPQQDBP9GNOF40 | Long             | EC               | CORP              | US        |     51000 | NS      | $3904050.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuvera Communications Inc           | Nuvera Communications Inc                            | CUSIP: 67075V100<br>LEI: 549300RONDZIOWF5NR14 | Long             | EC               | CORP              | US        |     85100 | NS      | $1489250.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                          | Copart Inc                                           | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    163000 | NS      | $9925070.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Aerojet Rocketdyne Holdings In      | Aerojet Rocketdyne Holdings Inc                      | CUSIP: 007800105<br>LEI: 549300VULNLWHE8QWI76 | Long             | EC               | CORP              | US        |    235000 | NS      | $13143550.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                      | Albemarle Corp                                       | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |      3200 | NS      | $693952.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Co                  | Sonoco Products Co                                   | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |     54000 | NS      | $3278340.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TransAct Technologies Inc           | TransAct Technologies Inc                            | CUSIP: 892918103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25000 | NS      | $155500.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solu      | Kratos Defense & Security Solutions Inc              | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |      7000 | NS      | $72240.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                           | Spire Inc                                            | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      8000 | NS      | $550880.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Big 5 Sporting Goods Corp           | Big 5 Sporting Goods Corp                            | CUSIP: 08915P101<br>LEI: 529900BFAM7VKQMKUC49 | Long             | EC               | CORP              | US        |      9000 | NS      | $79470.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Callon Petroleum Co                 | Callon Petroleum Co                                  | CUSIP: 13123X508<br>LEI: 549300EFOWPEB0WLZW21 | Long             | EC               | CORP              | US        |     19000 | NS      | $704710.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Team Inc                            | Team Inc                                             | CUSIP: 878155308<br>LEI: 549300DEKHQ3OEQJWU96 | Long             | EC               | CORP              | US        |      5000 | NS      | $26250.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty For      | Liberty Media Corp-Liberty Formula One               | CUSIP: 531229854<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27000 | NS      | $1614060.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Formosa International Hotels C      | Formosa International Hotels Corp                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    120000 | NS      | $1005352.12   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                     | CMS Energy Corp                                      | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     35000 | NS      | $2216550.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc             | Nexstar Media Group Inc                              | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     22000 | NS      | $3850660.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Diebold Nixdorf Inc                 | Diebold Nixdorf Inc                                  | CUSIP: 253651103<br>LEI: 549300XZK6EWDBAZSY16 | Long             | EC               | CORP              | US        |    153000 | NS      | $217260.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc            | Winnebago Industries Inc                             | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |     51500 | NS      | $2714050.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co/The                         | Toro Co/The                                          | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |     30000 | NS      | $3396000.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs Inc                 | Churchill Downs Inc                                  | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |     85500 | NS      | $18077265.00  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp                   | Kinross Gold Corp                                    | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |     95000 | NS      | $388550.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein Inc                    | Henry Schein Inc                                     | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |     70500 | NS      | $5630835.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| St Joe Co/The                       | St Joe Co/The                                        | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |    385000 | NS      | $14880250.00  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| IAA Inc                             | IAA Inc                                              | CUSIP: 449253103<br>LEI: 549300PZCOPC5178W747 | Long             | EC               | CORP              | US        |    190000 | NS      | $7600000.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                        | Nordson Corp                                         | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |      4700 | NS      | $1117284.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                           | Graco Inc                                            | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |    432000 | NS      | $29056320.00  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG Holdings Inc                   | PROG Holdings Inc                                    | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |      8000 | NS      | $135120.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimball International Inc           | Kimball International Inc                            | CUSIP: 494274103<br>LEI: 549300RYF7HKL9SKYG25 | Long             | EC               | CORP              | US        |     93000 | NS      | $604500.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MEIJI Holdings Co Ltd               | MEIJI Holdings Co Ltd                                | CUSIP: 000000000<br>LEI: 5299002D52YIP6DWMV49 | Long             | EC               | CORP              | JP        |      6000 | NS      | $308137.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus Corp/The                     | Marcus Corp/The                                      | CUSIP: 566330106<br>LEI: 549300NL0OKPNEMP6B79 | Long             | EC               | CORP              | US        |    129000 | NS      | $1856310.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpump Group SpA                 | Interpump Group SpA                                  | CUSIP: 000000000<br>LEI: 815600C79D0F31F4D395 | Long             | EC               | CORP              | IT        |    136500 | NS      | $6160268.48   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                          | Dexcom Inc                                           | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |     50000 | NS      | $5662000.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Willamette Valley Vineyards In      | Willamette Valley Vineyards Inc                      | CUSIP: 969136100<br>LEI: 549300EVPVY057V3C517 | Long             | EC               | CORP              | US        |     20000 | NS      | $119800.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WD-40 Co                            | WD-40 Co                                             | CUSIP: 929236107<br>LEI: 549300UZHTN0CNKBOB19 | Long             | EC               | CORP              | US        |      9500 | NS      | $1531495.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc       | Live Nation Entertainment Inc                        | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |     35500 | NS      | $2475770.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Reading International Inc           | Reading International Inc                            | CUSIP: 755408200<br>LEI: 549300OHQRI7MW2NQU72 | Long             | EC               | CORP              | US        |      4000 | NS      | $79400.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Value Line Inc                      | Value Line Inc                                       | CUSIP: 920437100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34308 | NS      | $1745591.04   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Sir      | Liberty Media Corp-Liberty SiriusXM                  | CUSIP: 531229409<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64000 | NS      | $2515840.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Astec Industries Inc                | Astec Industries Inc                                 | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |    335000 | NS      | $13621100.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Morguard Corp                       | Morguard Corp                                        | CUSIP: 617577101<br>LEI: 549300UZ0SQJ32MWEL16 | Long             | EC               | CORP              | CA        |     89800 | NS      | $7458573.12   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital Properties Inc              | Capital Properties Inc                               | CUSIP: 140430109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     79000 | NS      | $872950.00    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Salem Media Group Inc               | Salem Media Group Inc                                | CUSIP: 794093104<br>LEI: 549300CTHBTS2MIXZL54 | Long             | EC               | CORP              | US        |    100000 | NS      | $105000.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Internap Warrants                   | Internap Warrants                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $652.05       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Gray Television Inc                 | Gray Television Inc                                  | CUSIP: 389375106<br>LEI: 529900TM5726KDN7UU35 | Long             | EC               | CORP              | US        |     25000 | NS      | $279750.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPCO-PITTSBURGH CORP               | AMPCO-PITTSBURGH CORP -CW25                          | CUSIP: 032037111<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140000 | NS      | $22050.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cutera Inc                          | Cutera Inc                                           | CUSIP: 232109108<br>LEI: 529900NPKPEWJWR21Z42 | Long             | EC               | CORP              | US        |    396500 | NS      | $17533230.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Rad Laboratories Inc            | Bio-Rad Laboratories Inc                             | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |      6700 | NS      | $2817283.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings Inc              | Energizer Holdings Inc                               | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |     26000 | NS      | $872300.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                        | Danaher Corp                                         | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |      2025 | NS      | $537475.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc          | Southwest Gas Holdings Inc                           | CUSIP: 844895102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32000 | NS      | $1980160.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ITV PLC                             | ITV PLC                                              | CUSIP: 000000000<br>LEI: ZLECI7ED2QMWFGYCXZ59 | Long             | EC               | CORP              | GB        |    260000 | NS      | $236248.17    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software       | Take-Two Interactive Software Inc                    | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      7800 | NS      | $812214.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                       | Timken Co/The                                        | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     36000 | NS      | $2544120.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Thomasville Bancshares Inc          | Thomasville Bancshares Inc                           | CUSIP: 884608100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15000 | NS      | $995250.00    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| NeoGenomics Inc                     | NeoGenomics Inc                                      | CUSIP: 64049M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4000 | NS      | $36960.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Uni-Select Inc                      | Uni-Select Inc                                       | CUSIP: 90457D100<br>LEI: 549300GQ1WI8PKN1NQ40 | Long             | EC               | CORP              | CA        |     12500 | NS      | $395494.83    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson Inc                 | Harley-Davidson Inc                                  | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |      2000 | NS      | $83200.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyline Champion Corp               | Skyline Champion Corp                                | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82000 | NS      | $4223820.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Nobility Homes Inc                  | Nobility Homes Inc                                   | CUSIP: 654892108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71000 | NS      | $1767900.00   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Salvatore Ferragamo SpA             | Salvatore Ferragamo SpA                              | CUSIP: 000000000<br>LEI: 5493005GRP0FEE3NRI35 | Long             | EC               | CORP              | IT        |     11000 | NS      | $194168.93    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp                    | McGrath RentCorp                                     | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |     15700 | NS      | $1550218.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                       | Valvoline Inc                                        | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |     88000 | NS      | $2873200.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                  | Walt Disney Co/The                                   | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      3500 | NS      | $304080.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MDC Holdings Inc                    | MDC Holdings Inc                                     | CUSIP: 552676108<br>LEI: 5299005FV4VNV75R8R35 | Long             | EC               | CORP              | US        |     89500 | NS      | $2828200.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Kameda Seika Co Ltd                 | Kameda Seika Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    106000 | NS      | $3513410.55   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRCOR International Inc            | CIRCOR International Inc                             | CUSIP: 17273K109<br>LEI: 5493007701O01N3FQM69 | Long             | EC               | CORP              | US        |    165000 | NS      | $3953400.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc        | Watts Water Technologies Inc                         | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |     45000 | NS      | $6580350.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Tootsie Roll Industries Inc         | Tootsie Roll Industries Inc                          | CUSIP: 890516107<br>LEI: 529900SBKOV9XX4M4Q35 | Long             | EC               | CORP              | US        |     32500 | NS      | $1383525.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Wright Investors' Service Hold      | Wright Investors' Service Holdings Inc               | CUSIP: 982345100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    133000 | NS      | $15627.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HK&S HOTELS                         | Hongkong & Shanghai Hotels Ltd/The                   | CUSIP: 000000000<br>LEI: 5299001258RHH99P1A15 | Long             | EC               | CORP              | HK        |   2500000 | NS      | $2600746.91   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                         | Pentair PLC                                          | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | GB        |     12500 | NS      | $562250.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Brands Inc                   | Acuity Brands Inc                                    | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $1656100.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Entertainment Inc              | Penn Entertainment Inc                               | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3000 | NS      | $89100.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Reading International Inc           | Reading International Inc                            | CUSIP: 755408101<br>LEI: 549300OHQRI7MW2NQU72 | Long             | EC               | CORP              | US        |     15000 | NS      | $41550.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Flushing Financial Corp             | Flushing Financial Corp                              | CUSIP: 343873105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    335450 | NS      | $6501021.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers Inc                   | Toll Brothers Inc                                    | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |    109500 | NS      | $5466240.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneridge Inc                      | Stoneridge Inc                                       | CUSIP: 86183P102<br>LEI: PNBCIH9LE7WI83VJIF08 | Long             | EC               | CORP              | US        |     61000 | NS      | $1315160.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Evolent Health Inc                  | Evolent Health Inc                                   | CUSIP: 30050B101<br>LEI: 549300CZOCFHQ2BBTR11 | Long             | EC               | CORP              | US        |     10000 | NS      | $280800.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide Inc            | Wolverine World Wide Inc                             | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |     84000 | NS      | $918120.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp                          | Terex Corp                                           | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |      7000 | NS      | $299040.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United-Guardian Inc                 | United-Guardian Inc                                  | CUSIP: 910571108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38000 | NS      | $395200.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corp                           | News Corp                                            | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |     34000 | NS      | $618800.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bowlin Travel Centers Inc           | Bowlin Travel Centers Inc                            | CUSIP: 10259P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53000 | NS      | $245125.00    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Hope Bancorp Inc                    | Hope Bancorp Inc                                     | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |    278000 | NS      | $3561180.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/T      | Interpublic Group of Cos Inc/The                     | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |     80000 | NS      | $2664800.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Puradyn Filter Technologies In      | Puradyn Filter Technologies Inc                      | CUSIP: 746091107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45000 | NS      | $4.50         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| EW Scripps Co/The                   | EW Scripps Co/The                                    | CUSIP: 811054402<br>LEI: 549300U1OW41QPKYW028 | Long             | EC               | CORP              | US        |    775000 | NS      | $10222250.00  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc                        | Woodward Inc                                         | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |     20000 | NS      | $1932200.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Beasley Broadcast Group Inc         | Beasley Broadcast Group Inc                          | CUSIP: 074014101<br>LEI: 549300R5FEOSY86VTY76 | Long             | EC               | CORP              | US        |    119000 | NS      | $109503.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadiz Inc                           | Cadiz Inc                                            | CUSIP: 127537207<br>LEI: 549300PFFIS1TCKZS151 | Long             | EC               | CORP              | US        |     10000 | NS      | $25000.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc             | Rockwell Automation Inc                              | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |     24500 | NS      | $6310465.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Tredegar Corp                       | Tredegar Corp                                        | CUSIP: 894650100<br>LEI: 54930003228ERHCH6K87 | Long             | EC               | CORP              | US        |    397000 | NS      | $4057340.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc           | Minerals Technologies Inc                            | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |     60000 | NS      | $3643200.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Burnham Holdings Inc                | Burnham Holdings Inc                                 | CUSIP: 122295108<br>LEI: 549300VHOKZIOWQUFV59 | Long             | EC               | CORP              | US        |     65100 | NS      | $813750.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp              | Synovus Financial Corp                               | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |     41000 | NS      | $1539550.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc              | Valmont Industries Inc                               | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      6000 | NS      | $1984020.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Takasago International Corp         | Takasago International Corp                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      2500 | NS      | $48479.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC Networks Inc                    | AMC Networks Inc                                     | CUSIP: 00164V103<br>LEI: 549300VGG9K75226LR46 | Long             | EC               | CORP              | US        |     55000 | NS      | $861850.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp                       | EchoStar Corp                                        | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     30000 | NS      | $500400.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp                           | GATX Corp                                            | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |    355000 | NS      | $37750700.00  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc              | Mueller Industries Inc                               | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |    516500 | NS      | $30473500.00  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp                 | Federal Signal Corp                                  | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |    196500 | NS      | $9131355.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton Inc                       | DR Horton Inc                                        | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |     70500 | NS      | $6284370.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                         | Hawkins Inc                                          | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |     37500 | NS      | $1447500.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp                        | Griffon Corp                                         | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |    465000 | NS      | $16642350.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                | Rush Enterprises Inc                                 | CUSIP: 781846308<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |    333500 | NS      | $18766045.00  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| 1-800-Flowers.com Inc               | 1-800-Flowers.com Inc                                | CUSIP: 68243Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108000 | NS      | $1032480.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                        | Stryker Corp                                         | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      3000 | NS      | $733470.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Partners Holdings LP          | Steel Partners Holdings LP                           | CUSIP: 85814R107<br>LEI: 5493009U8Z59G5SIZ389 | Long             | EC               | CORP              | US        |     84029 | NS      | $3596441.20   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan Machinery Inc                 | Titan Machinery Inc                                  | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |     58000 | NS      | $2304340.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                         | Rollins Inc                                          | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |    289600 | NS      | $10581984.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Vimeo Inc                           | Vimeo Inc                                            | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |      7300 | NS      | $25039.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TFS Financial Corp                  | TFS Financial Corp                                   | CUSIP: 87240R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16000 | NS      | $230560.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                   | CNH Industrial NV                                    | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | GB        |   1415000 | NS      | $22724900.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Lands' End Inc                      | Lands' End Inc                                       | CUSIP: 51509F105<br>LEI: 54930016WOL7P2P67Q43 | Long             | EC               | CORP              | US        |     35000 | NS      | $265650.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp                      | A O Smith Corp                                       | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     17200 | NS      | $984528.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestas Wind Systems A/S             | Vestas Wind Systems A/S                              | CUSIP: 000000000<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |     55000 | NS      | $1600089.25   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc                 | BellRing Brands Inc                                  | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     14000 | NS      | $358960.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Myers Industries Inc                | Myers Industries Inc                                 | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |    907000 | NS      | $20162610.00  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp              | Liberty Broadband Corp                               | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |     11000 | NS      | $838970.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TravelCenters of America Inc        | TravelCenters of America Inc                         | CUSIP: 89421B109<br>LEI: 529900FQY3V2OO9M4Z65 | Long             | EC               | CORP              | US        |     19200 | NS      | $859776.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Motor Products Inc         | Standard Motor Products Inc                          | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |    180000 | NS      | $6264000.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| SJW Group                           | SJW Group                                            | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9000 | NS      | $730710.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co Inc            | Franklin Electric Co Inc                             | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |    155000 | NS      | $12361250.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Crimson Wine Group Ltd              | Crimson Wine Group Ltd                               | CUSIP: 22662X100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    272000 | NS      | $1525920.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                      | PulteGroup Inc                                       | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107000 | NS      | $4871710.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc              | Church & Dwight Co Inc                               | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     40000 | NS      | $3224400.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH        | Huntington Bancshares Inc/OH                         | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    410000 | NS      | $5781000.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Gray Television Inc                 | Gray Television Inc                                  | CUSIP: 389375205<br>LEI: 529900TM5726KDN7UU35 | Long             | EC               | CORP              | US        |     72350 | NS      | $787884.27    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                      | Flowserve Corp                                       | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |    241000 | NS      | $7393880.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                      | MSA Safety Inc                                       | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |      6000 | NS      | $865140.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chase Corp                          | Chase Corp                                           | CUSIP: 16150R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6200 | NS      | $534812.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Cellular Corp         | United States Cellular Corp                          | CUSIP: 911684108<br>LEI: 549300B164AZXESI6E03 | Long             | EC               | CORP              | US        |     34500 | NS      | $719325.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc                   | Herc Holdings Inc                                    | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |    224100 | NS      | $29484837.00  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global PLC                  | Liberty Global PLC                                   | CUSIP: 000000000<br>LEI: 549300BSGXG3QLIQYT84 | Long             | EC               | CORP              | GB        |    130000 | NS      | $2460900.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Gogo Inc                            | Gogo Inc                                             | CUSIP: 38046C109<br>LEI: 549300VL3DIHSFHYTO04 | Long             | EC               | CORP              | US        |     61000 | NS      | $900360.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Home                             | KB Home                                              | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |    112000 | NS      | $3567200.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp                | Quaker Chemical Corp                                 | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |      8400 | NS      | $1401960.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Inc                        | Teleflex Inc                                         | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |      3500 | NS      | $873705.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc                      | Littelfuse Inc                                       | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      6800 | NS      | $1497360.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Telesat Corp                        | Telesat Corp                                         | CUSIP: 879512309<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     85000 | NS      | $637500.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corp                      | NewMarket Corp                                       | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |      5600 | NS      | $1742216.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Solutions and Suppo      | Innovative Solutions and Support Inc                 | CUSIP: 45769N105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40000 | NS      | $328800.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp              | Webster Financial Corp                               | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    120000 | NS      | $5680800.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitol Federal Financial Inc       | Capitol Federal Financial Inc                        | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12000 | NS      | $103800.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                             | AZZ Inc                                              | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     56000 | NS      | $2251200.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sculptor Capital Management In      | Sculptor Capital Management Inc                      | CUSIP: 811246107<br>LEI: 529900V50QFEXQGSUC34 | Long             | EC               | CORP              | US        |     20000 | NS      | $173200.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Indus Realty Trust Inc              | Indus Realty Trust Inc                               | CUSIP: 45580R103<br>LEI: 549300FS2G2L16L2GO91 | Long             | EC               | CORP              | US        |    241900 | NS      | $15358231.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co                | Lamar Advertising Co                                 | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |     17200 | NS      | $1623680.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Connect Inc                   | Steel Connect Inc                                    | CUSIP: 858098106<br>LEI: 549300DESX9Q74AQVP83 | Long             | EC               | CORP              | US        |    309360 | NS      | $442384.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MGP Ingredients Inc                 | MGP Ingredients Inc                                  | CUSIP: 55303J106<br>LEI: 2549006OMHFVZ4MS8538 | Long             | EC               | CORP              | US        |     12000 | NS      | $1276560.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NuVasive Inc                        | NuVasive Inc                                         | CUSIP: 670704105<br>LEI: 549300C5ZB4NZ6TWM881 | Long             | EC               | CORP              | US        |     90000 | NS      | $3711600.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Media Corp-Liberty Bra      | Liberty Media Corp-Liberty Braves                    | CUSIP: 531229888<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    188000 | NS      | $6059240.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc                        | La-Z-Boy Inc                                         | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |     70000 | NS      | $1597400.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Distribution Solutions Group I      | Distribution Solutions Group Inc                     | CUSIP: 520776105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49300 | NS      | $1817198.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil-Dri Corp of America             | Oil-Dri Corp of America                              | CUSIP: 677864100<br>LEI: 549300RSG5KPUH16WH66 | Long             | EC               | CORP              | US        |     72000 | NS      | $2414880.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp             | Marathon Petroleum Corp                              | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     22000 | NS      | $2560580.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Maple Leaf Foods Inc                | Maple Leaf Foods Inc                                 | CUSIP: 564905107<br>LEI: 549300LX07S5J8F76F37 | Long             | EC               | CORP              | CA        |    650000 | NS      | $11737444.61  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp          | Sensient Technologies Corp                           | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |     29000 | NS      | $2114680.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc/The          | Cheesecake Factory Inc/The                           | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     10000 | NS      | $317100.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp                     | Otter Tail Corp                                      | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11000 | NS      | $645810.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynasty Fine Wines Group Ltd        | Dynasty Fine Wines Group Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    500000 | NS      | $22420.23     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Co/The                      | Eastern Co/The                                       | CUSIP: 276317104<br>LEI: 5493005F8SU7UCM5D285 | Long             | EC               | CORP              | US        |    160000 | NS      | $3084800.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Holdings Co                  | Graham Holdings Co                                   | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |      2500 | NS      | $1510525.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Denny's Corp                        | Denny's Corp                                         | CUSIP: 24869P104<br>LEI: 54930037V56XOULXM917 | Long             | EC               | CORP              | US        |    220000 | NS      | $2026200.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co                  | Middlesex Water Co                                   | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3500 | NS      | $275345.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson Cos Inc                   | Patterson Cos Inc                                    | CUSIP: 703395103<br>LEI: YM48Q2087CUE26GWEK09 | Long             | EC               | CORP              | US        |     14000 | NS      | $392420.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Avangrid Inc                        | Avangrid Inc                                         | CUSIP: 05351W103<br>LEI: 549300OX0Q38NLSKPB49 | Long             | EC               | CORP              | US        |     18000 | NS      | $773640.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Recovery Inc                 | Energy Recovery Inc                                  | CUSIP: 29270J100<br>LEI: 549300ZEQL52Z525WJ22 | Long             | EC               | CORP              | US        |     74000 | NS      | $1516260.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GAM Holding AG                      | GAM Holding AG                                       | CUSIP: 000000000<br>LEI: 549300GGVID7ZGDMX291 | Long             | EC               | CORP              | CH        |    145000 | NS      | $147407.13    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Navigator Holdings Ltd              | Navigator Holdings Ltd                               | CUSIP: 000000000<br>LEI: 213800H7RVOFYARK2W19 | Long             | EC               | CORP              | US        |    124000 | NS      | $1483040.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VEON Ltd                            | VEON Ltd                                             | CUSIP: 91822M106<br>LEI: 5493008CA3NMHYEVT131 | Long             | EC               | CORP              | NL        |    800000 | NS      | $392000.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| VITASOY INT'L                       | Vitasoy International Holdings Ltd                   | CUSIP: 000000000<br>LEI: 5493003LPGHN62KWIZ77 | Long             | EC               | CORP              | HK        |    950000 | NS      | $1954659.89   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Trans-Lux Corp                      | Trans-Lux Corp                                       | CUSIP: 893247304<br>LEI: 5493008JY5051036PN38 | Long             | EC               | CORP              | US        |   1600000 | NS      | $661280.00    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| J M Smucker Co/The                  | J M Smucker Co/The                                   | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     56700 | NS      | $8984682.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Surmodics Inc                       | Surmodics Inc                                        | CUSIP: 868873100<br>LEI: 549300H76KXCAAGUS878 | Long             | EC               | CORP              | US        |     30000 | NS      | $1023600.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Canterbury Park Holding Corp        | Canterbury Park Holding Corp                         | CUSIP: 13811E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    190500 | NS      | $5955030.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp                           | IDEX Corp                                            | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |     34000 | NS      | $7763220.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Maezawa Kyuso Industries Co Lt      | Maezawa Kyuso Industries Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    110000 | NS      | $766915.57    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global PLC                  | Liberty Global PLC                                   | CUSIP: 000000000<br>LEI: 549300BSGXG3QLIQYT84 | Long             | EC               | CORP              | GB        |    136000 | NS      | $2642480.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Greif Inc                           | Greif Inc                                            | CUSIP: 397624206<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |     95700 | NS      | $7486611.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Golden Entertainment Inc            | Golden Entertainment Inc                             | CUSIP: 381013101<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | EC               | CORP              | US        |     93000 | NS      | $3478200.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers & Merchants Bank of Lo      | Farmers & Merchants Bank of Long Beach/Long Beach CA | CUSIP: 308243104<br>LEI: 25490049RRVB8S6CG210 | Long             | EC               | CORP              | US        |       150 | NS      | $1119750.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports C      | Madison Square Garden Sports Corp                    | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34000 | NS      | $6233220.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                        | Ducommun Inc                                         | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |     48000 | NS      | $2398080.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 Verticals Inc                    | I3 Verticals Inc                                     | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     10000 | NS      | $243400.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| RPC Inc                             | RPC Inc                                              | CUSIP: 749660106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1700000 | NS      | $15113000.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp                 | Meritage Homes Corp                                  | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |      8500 | NS      | $783700.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Matthews International Corp         | Matthews International Corp                          | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |     38000 | NS      | $1156720.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp           | Albany International Corp                            | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |     51000 | NS      | $5028090.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennametal Inc                      | Kennametal Inc                                       | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |     95000 | NS      | $2285700.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Dril-Quip Inc                       | Dril-Quip Inc                                        | CUSIP: 262037104<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |     90000 | NS      | $2445300.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Scotts Miracle-Gro Co/The           | Scotts Miracle-Gro Co/The                            | CUSIP: 810186106<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | EC               | CORP              | US        |     10000 | NS      | $485900.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ampco-Pittsburgh Corp               | Ampco-Pittsburgh Corp                                | CUSIP: 032037103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    192500 | NS      | $483175.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JSP Corp                            | JSP Corp                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      5500 | NS      | $62065.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Twin Disc Inc                       | Twin Disc Inc                                        | CUSIP: 901476101<br>LEI: 549300FR8EHCY14BLP32 | Long             | EC               | CORP              | US        |    103057 | NS      | $1001714.04   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Orthofix Medical Inc                | Orthofix Medical Inc                                 | CUSIP: 68752M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129000 | NS      | $2648370.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| New Germany Fund Inc/The            | New Germany Fund Inc/The                             | CUSIP: 644465106<br>LEI: 549300TPS2RTTJ8O3C08 | Long             | EC               | RF                | US        |    113000 | NS      | $891570.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc              | Tyler Technologies Inc                               | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |     31000 | NS      | $9994710.00   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Full House Resorts Inc              | Full House Resorts Inc                               | CUSIP: 359678109<br>LEI: 5493009DKIWW0H901Y82 | Long             | EC               | CORP              | US        |    530000 | NS      | $3985600.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Monro Inc                           | Monro Inc                                            | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34000 | NS      | $1536800.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                         | Rogers Corp                                          | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |      1000 | NS      | $119340.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp          | Standex International Corp                           | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |     50000 | NS      | $5120500.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ito En Ltd                          | Ito En Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    114000 | NS      | $4160774.15   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Alithya Group Inc                   | Alithya Group Inc                                    | CUSIP: 01643B106<br>LEI: 549300KFFXPJJY1FDW42 | Long             | EC               | CORP              | CA        |    365000 | NS      | $540200.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibraltar Industries Inc            | Gibraltar Industries Inc                             | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30000 | NS      | $1376400.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuronetics Inc                     | Neuronetics Inc                                      | CUSIP: 64131A105<br>LEI: 549300T0911ILTTG7P06 | Long             | EC               | CORP              | US        |     32000 | NS      | $219840.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corp                         | Masimo Corp                                          | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |     33200 | NS      | $4911940.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Marine Products Corp                | Marine Products Corp                                 | CUSIP: 568427108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    220000 | NS      | $2589400.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp/DE                   | Brunswick Corp/DE                                    | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |     67000 | NS      | $4829360.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Cogeco Communications Inc           | Cogeco Communications Inc                            | CUSIP: 19239C106<br>LEI: 549300XHH6LJM6IAXV57 | Long             | EC               | CORP              | CA        |     10000 | NS      | $567134.42    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                        | Lindsay Corp                                         | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |     32000 | NS      | $5211200.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| L B Foster Co                       | L B Foster Co                                        | CUSIP: 350060109<br>LEI: 549300AUUJGJ2T2L2179 | Long             | EC               | CORP              | US        |     89017 | NS      | $861684.56    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp           | Chesapeake Utilities Corp                            | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |     10000 | NS      | $1181800.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp              | Liberty Broadband Corp                               | CUSIP: 530307107<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |     13000 | NS      | $986050.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Gorman-Rupp Co/The                  | Gorman-Rupp Co/The                                   | CUSIP: 383082104<br>LEI: 254900WVLPOIWPGJPA07 | Long             | EC               | CORP              | US        |    742000 | NS      | $19010040.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspired Entertainment Inc          | Inspired Entertainment Inc                           | CUSIP: 45782N108<br>LEI: 549300ZUGYK6NBIU6D69 | Long             | EC               | CORP              | US        |     76500 | NS      | $969255.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandy Spring Bancorp Inc            | Sandy Spring Bancorp Inc                             | CUSIP: 800363103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44000 | NS      | $1550120.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| T Hasegawa Co Ltd                   | T Hasegawa Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     13000 | NS      | $288844.86    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Seritage Growth Properties          | Seritage Growth Properties                           | CUSIP: 81752R100<br>LEI: 5493003CJFC2MM82WB25 | Long             | EC               | CORP              | US        |     33000 | NS      | $390390.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Co        | Northwest Natural Holding Co                         | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     11000 | NS      | $523490.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos Inc/The              | Greenbrier Cos Inc/The                               | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |     91500 | NS      | $3067995.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Crazy Woman Creek Bancorp Inc       | Crazy Woman Creek Bancorp Inc                        | CUSIP: 225233105<br>LEI: 549300CO3PQ9U193BI03 | Long             | EC               | CORP              | US        |     20900 | NS      | $499510.00    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sally Beauty Holdings Inc           | Sally Beauty Holdings Inc                            | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |    225000 | NS      | $2817000.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-27

**Name of Applicant:** Gabelli Equity Series Funds Inc

**Signature:** John C. Ball

**Name of Signer:** John C. Ball

**Title:** Treasurer