# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-001288
**Filing Date:** 2026-2
**Character Count:** 72234
**Document Hash:** 8cebfaa3fc8014d615ea6b366964cc37
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001288.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001004726-26-001288

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios II
- **CENTRAL INDEX KEY:** 0001547580

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22696
- **FILM NUMBER:** 26694456

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 216-898-2411

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Compass EMP Funds Trust
- **DATE OF NAME CHANGE:** 20120417

## Series and Classes Contracts Data

### VictoryShares Small Cap Free Cash Flow ETF (Series ID: S000080690)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000243212 | VictoryShares Small Cap Free Cash Flow ETF | SFLO            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios II

- **b. Investment Company Act file number:** 811-22696

- **c. CIK number of Registrant:** 0001547580

- **d. LEI of Registrant:** 5493002SUQLUY3T5P040

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

  - **Street Address 1:** 15935 La Cantera Parkway Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** VictoryShares Small Cap Free Cash Flow ETF

- **b. EDGAR series identifier (if any):** S000080690

- **c. LEI of Series:** 254900PHKM6UI5AF4K73

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $460014042.81

**Total Liabilities:** $14823139.56

**Net Assets:** $445190903.25

**Cash Not Reported:** $1838684.43

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243212 | -1.84%               | 2.85%                | 0.60%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.01                    | $-7195905.36                               |
| Month 2  | $835340.68               | $10314058.24                               |
| Month 3  | $6462841.15              | $-5037298.44                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GIGACLOUD TECHNOLOGY INC                         | GIGACLOUD TECHNOLOGY INC               | CUSIP: G38644103<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     49215 | NS      | $1933165.20   | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| ANGI INC.                                        | ANGI INC                               | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |     96051 | NS      | $1241939.43   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ALKERMES PUBLIC LIMITED COMPANY                  | ALKERMES PLC                           | CUSIP: G01767105<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |    205103 | NS      | $5738781.94   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW INC.                                        | DNOW INC                               | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |    235861 | NS      | $3125158.25   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CARGURUS, INC.                                   | CARGURUS INC                           | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |     53508 | NS      | $2052031.80   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| AMICUS THERAPEUTICS, INC.                        | AMICUS THERAPEUTICS INC                | CUSIP: 03152W109<br>LEI: 549300MRD1SMUTNBPQ53 | Long             | EC               | CORP              | US        |    312431 | NS      | $4449017.44   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVEX INTERNATIONAL, INC.                      | INNOVEX INTERNATIONAL INC              | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |     48636 | NS      | $1063669.32   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLSON COORS BEVERAGE COMPANY                    | MOLSON COORS BEVERAGE CO               | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     85669 | NS      | $3999028.92   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENERGY COMPANY                                | SM ENERGY CO                           | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    293191 | NS      | $5482671.70   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIAT NETWORKS, INC.                             | AVIAT NETWORKS INC                     | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |     20718 | NS      | $442950.84    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| COEUR MINING, INC.                               | COEUR MINING INC                       | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    182432 | NS      | $3252762.56   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| WORLD KINECT CORPORATION                         | WORLD KINECT CORP                      | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |    144382 | NS      | $3382870.26   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR, INC.                                        | KBR INC                                | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     66857 | NS      | $2687651.40   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH CORP.                                        | PVH CORP                               | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     42259 | NS      | $2832198.18   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| EPLUS INC.                                       | EPLUS INC                              | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |     13092 | NS      | $1148168.40   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                       | MSILF GOVERNMENT-INST                  | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3650710 | NS      | $3650709.75   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Karat Packaging Inc                              | KARAT PACKAGING INC                    | CUSIP: 48563L101<br>LEI: 549300JYUKCQP3P8D632 | Long             | EC               | CORP              | US        |     19841 | NS      | $447811.37    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GIBRALTAR INDUSTRIES, INC.                       | GIBRALTAR INDUSTRIES INC               | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31853 | NS      | $1574812.32   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| LEAR CORPORATION                                 | LEAR CORP                              | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     22553 | NS      | $2584573.80   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| JAMF HOLDING CORP.                               | JAMF HOLDING CORP                      | CUSIP: 47074L105<br>LEI: 254900IHLXZU4Z5ANA12 | Long             | EC               | CORP              | US        |    121604 | NS      | $1582068.04   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ETSY, INC.                                       | ETSY INC                               | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |     56704 | NS      | $3143669.76   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| OXFORD INDUSTRIES INC                            | OXFORD INDUSTRIES INC                  | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |     44023 | NS      | $1505586.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| DIVERSIFIED ENERGY COMPANY                       | DIVERSIFIED ENERGY CO                  | CUSIP: 25520W107<br>LEI: 529900XTQ3OKXR6P0H74 | Long             | EC               | CORP              | US        |     95061 | NS      | $1376483.28   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| THE MIDDLEBY CORPORATION                         | MIDDLEBY CORP                          | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     17043 | NS      | $2533782.81   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MNTN Inc                                         | MNTN INC                               | CUSIP: 55318A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61899 | NS      | $739074.06    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CATALYST PHARMACEUTICALS, INC.                   | CATALYST PHARMACEUTICALS INC           | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |    142484 | NS      | $3325576.56   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL INC.                     | BIOMARIN PHARMACEUTICAL INC            | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     75597 | NS      | $4492729.71   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN PUBLIC EDUCATION, INC.                  | AMERICAN PUBLIC EDUCATION INC          | CUSIP: 02913V103<br>LEI: 254900GZNX6TJQGM4S17 | Long             | EC               | CORP              | US        |     27525 | NS      | $1040445.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CHORD ENERGY CORPORATION                         | CHORD ENERGY CORP                      | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     47938 | NS      | $4443852.60   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Honest Company Inc                               | HONEST CO INC THE                      | CUSIP: 438333106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    445081 | NS      | $1148308.98   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PC CONNECTION, INC.                              | PC CONNECTION INC                      | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |      8981 | NS      | $518742.56    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CLIMB GLOBAL SOLUTIONS, INC.                     | CLIMB GLOBAL SOLUTIONS INC             | CUSIP: 946760105<br>LEI: 549300LKM16VX2FG7J68 | Long             | EC               | CORP              | US        |      4148 | NS      | $426372.92    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MANNKIND CORPORATION                             | MANNKIND CORP                          | CUSIP: 56400P706<br>LEI: 213800GFBCNY1ZFST722 | Long             | EC               | CORP              | US        |    371063 | NS      | $2103927.21   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands, Inc.                             | KONTOOR BRANDS INC                     | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     32536 | NS      | $1987624.24   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ENNIS, INC.                                      | ENNIS INC                              | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24980 | NS      | $449889.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Udemy Inc                                        | UDEMY INC                              | CUSIP: 902685106<br>LEI: 2549000T304QU9SAM180 | Long             | EC               | CORP              | US        |    355566 | NS      | $2080061.10   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| OIL STATES INTERNATIONAL, INC.                   | OIL STATES INTERNATIONAL INC           | CUSIP: 678026105<br>LEI: 5493004TF4KQJGMYL777 | Long             | EC               | CORP              | US        |     67726 | NS      | $458505.02    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOZ ALLEN HAMILTON HOLDING CORPORATION          | BOOZ ALLEN HAMILTON HOLDINGS           | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     31648 | NS      | $2669825.28   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| FUBOTV INC.                                      | FUBOTV INC                             | CUSIP: 35953D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    472940 | NS      | $1191808.80   | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| VIPER ENERGY, INC.                               | VIPER ENERGY INC                       | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105827 | NS      | $4088097.01   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Transocean Ltd.                                  | TRANSOCEAN LTD                         | CUSIP: H8817H100<br>LEI: 529900QO4W5DQGBGEF32 | Long             | EC               | CORP              | CH        |    633151 | NS      | $2614913.63   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERCE.COM, INC.                               | COMMERCE COM INC                       | CUSIP: 08975P108<br>LEI: 549300MOVEFQ78DMPG58 | Long             | EC               | CORP              | US        |    102557 | NS      | $422534.84    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE, INC.                                   | OPENLANE INC                           | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |     79286 | NS      | $2361137.08   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprout Social Inc                                | SPROUT SOCIAL INC                      | CUSIP: 85209W109<br>LEI: 254900QE3QH8EBRDOB65 | Long             | EC               | CORP              | US        |    110813 | NS      | $1248862.51   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ABERCROMBIE & FITCH CO.                          | ABERCROMBIE FITCH CO                   | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     31190 | NS      | $3925885.30   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PERMIAN RESOURCES CORPORATION                    | PERMIAN RESOURCES CORP COM             | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    366598 | NS      | $5143369.94   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTALEM GLOBAL EDUCATION INC.                    | ADTALEM GLOBAL EDUCATION INC           | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |     26884 | NS      | $2781687.48   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| DILLARD'S, INC.                                  | DILLARD S INC                          | CUSIP: 254067101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3820 | NS      | $2316218.80   | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| YELP INC.                                        | YELP INC                               | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |    147904 | NS      | $4494802.56   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corporation                            | NEWMARKET CORP                         | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |      3310 | NS      | $2274830.60   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| H & R BLOCK, INC.                                | H R BLOCK INC                          | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     76076 | NS      | $3315392.08   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHASTAR PHARMACEUTICALS INC                    | AMPHASTAR PHARMACEUTICALS INC          | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |     58818 | NS      | $1575146.04   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ALAMO GROUP INC.                                 | ALAMO GROUP INC                        | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |      8384 | NS      | $1407422.08   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleVerify Holdings Inc                        | DOUBLEVERIFY HOLDINGS INC              | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    210024 | NS      | $2402674.56   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| UPWORK INC.                                      | UPWORK INC                             | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |    119292 | NS      | $2364367.44   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc                                    | MAPLEBEAR INC                          | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95113 | NS      | $4278182.74   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| CONMED CORPORATION                               | CONMED CORPORATION                     | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |     54061 | NS      | $2194876.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GULFPORT ENERGY CORPORATION                      | GULFPORT ENERGY CORP                   | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |     17202 | NS      | $3577843.98   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Limited                                   | AMDOCS LTD                             | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |     40987 | NS      | $3299863.37   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTURY ALUMINUM COMPANY                         | CENTURY ALUMINUM CO                    | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               | CORP              | US        |     98780 | NS      | $3870200.40   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ITRON, INC.                                      | ITRON INC                              | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |     24025 | NS      | $2230961.50   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BILL HOLDINGS, INC.                              | BILL HOLDINGS INC                      | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |     42092 | NS      | $2295697.68   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA RESOURCES CORPORATION                 | CALIFORNIA RESOURCES CORP              | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |     92171 | NS      | $4120965.41   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Mediaalpha Inc                                   | MEDIAALPHA INC                         | CUSIP: 58450V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52530 | NS      | $680263.50    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LYFT, INC.                                       | LYFT INC                               | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |    291057 | NS      | $5637774.09   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TASKUS, INC.                                     | TASKUS INC                             | CUSIP: 87652V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41771 | NS      | $492480.09    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MILLER INDUSTRIES, INC.                          | MILLER INDUSTRIES INC TN               | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |     11656 | NS      | $435584.72    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE BIRD CORPORATION                            | BLUE BIRD CORP                         | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     28011 | NS      | $1316517.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| RAPID7, INC.                                     | RAPID7 INC                             | CUSIP: 753422104<br>LEI: 549300GNVG5D60KEYN14 | Long             | EC               | CORP              | US        |    113259 | NS      | $1721536.80   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY      | JAZZ PHARMACEUTICALS PLC               | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |     37117 | NS      | $6309890.00   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CACTUS, INC.                                     | CACTUS INC                             | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     48790 | NS      | $2228727.20   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATTEC SECURITY CORPORATION                    | STRATTEC STRATEGY CORP                 | CUSIP: 863111100<br>LEI: 549300Z394OP8S8TSR40 | Long             | EC               | CORP              | US        |      5589 | NS      | $425546.46    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LIQUIDITY SERVICES, INC.                         | LIQUIDITY SERVICES INC                 | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |     14361 | NS      | $435281.91    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| OOMA, INC.                                       | OOMA INC                               | CUSIP: 683416101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39904 | NS      | $468073.92    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FRONTDOOR, INC.                                  | FRONTDOOR INC                          | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |     46390 | NS      | $2676239.10   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| LANTHEUS HOLDINGS, INC.                          | LANTHEUS HOLDINGS INC                  | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     38657 | NS      | $2572623.35   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| GENIE ENERGY LTD.                                | GENIE ENERGY LTD                       | CUSIP: 372284208<br>LEI: 52990057E36X8869GX58 | Long             | EC               | CORP              | US        |     32066 | NS      | $441869.48    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ANDERSONS, INC                               | THE ANDERSONS INC                      | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |     35958 | NS      | $1911886.86   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| REX AMERICAN RESOURCES CORPORATION               | REX AMERICAN RESOURCES CORP            | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18599 | NS      | $601119.68    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshworks Inc                                   | FRESHWORKS INC                         | CUSIP: 358054104<br>LEI: 254900ULRGCUEIK0K191 | Long             | EC               | CORP              | US        |    178895 | NS      | $2191463.75   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| RINGCENTRAL, INC.                                | RINGCENTRAL INC CLASS A                | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |    164369 | NS      | $4746976.72   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BORGWARNER INC.                                  | BORGWARNER INC                         | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     79097 | NS      | $3564110.82   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CARS.COM INC.                                    | CARS COM INC                           | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |    127821 | NS      | $1559416.20   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| RCI HOSPITALITY HOLDINGS, INC.                   | RCI HOSPITALITY HOLDINGS INC           | CUSIP: 74934Q108<br>LEI: 529900COXP1MLE1UKG69 | Long             | EC               | CORP              | US        |     16564 | NS      | $394885.76    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TAYLOR MORRISON HOME CORPORATION                 | TAYLOR MORRISON HOME CORP              | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     59378 | NS      | $3495582.86   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND             | HSBC US GOVT MMKT-I                    | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3650710 | NS      | $3650709.75   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN OIL AND GAS, INC.                       | NORTHERN OIL AND GAS INC               | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |    103388 | NS      | $2219740.36   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HOLDINGS, INC.              | ALLISON TRANSMISSION HOLDING INC       | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     29843 | NS      | $2921629.70   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEAR SECURE, INC.                               | CLEAR SECURE INC                       | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    109554 | NS      | $3843154.32   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGIC EDUCATION, INC.                        | STRATEGIC EDUCATION INC                | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |     16067 | NS      | $1288573.40   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| National Energy Services Reunited Corp.          | NATIONAL ENERGY SERVICES REUNITED CORP | CUSIP: G6375R107<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |     68475 | NS      | $1072318.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Symbotic Inc                                     | SYMBOTIC INC                           | CUSIP: 87151X101<br>LEI: 529900UN9QT55OG9I235 | Long             | EC               | CORP              | US        |     89926 | NS      | $5350597.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ibex Ltd                                         | IBEX LTD                               | CUSIP: G4690M101<br>LEI: 5493000GRFLPVYU2CX17 | Long             | EC               | CORP              | BM        |     12263 | NS      | $468201.34    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FORUM ENERGY TECHNOLOGIES, INC.                  | FORUM ENERGY TECHNOLOGIES              | CUSIP: 34984V209<br>LEI: 549300SF93HLCR1REE27 | Long             | EC               | CORP              | US        |     12837 | NS      | $474327.15    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL SEAWAYS, INC.                      | INTERNATIONAL SEAWAYS INC              | CUSIP: Y41053102<br>LEI: 549300YUFDGFRNGBWF46 | Long             | EC               | CORP              | MH        |     54727 | NS      | $2656995.85   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTERO MIDSTREAM CORPORATION                     | ANTERO MIDSTREAM CORP                  | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    158493 | NS      | $2819590.47   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIPADVISOR, INC.                                | TRIPADVISOR INC                        | CUSIP: 896945201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    221734 | NS      | $3228447.04   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTANGO ORE, INC.                               | CONTANGO ORE INC                       | CUSIP: 21077F100<br>LEI: 254900PFYX4KDRISX581 | Long             | EC               | CORP              | US        |     16522 | NS      | $436346.02    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSCOUT SYSTEMS, INC.                           | NETSCOUT SYSTEMS INC                   | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |     95753 | NS      | $2591076.18   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLBY LABORATORIES, INC.                         | DOLBY LABORATORIES INC                 | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |     42172 | NS      | $2708285.84   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| GETTY IMAGES HOLDINGS, INC.                      | GETTY IMAGES HOLDINGS INC              | CUSIP: 374275105<br>LEI: 5299006106S5HZKYQM32 | Long             | EC               | CORP              | US        |    297614 | NS      | $398802.76    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| SIGA TECHNOLOGIES, INC.                          | SIGA TECHNOLOGIES INC                  | CUSIP: 826917106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     69839 | NS      | $426716.29    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY SERVICES OF AMERICA CORPORATION           | ENERGY SERVICES OF AMERICA CORP        | CUSIP: 29271Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51685 | NS      | $422266.45    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| CAL-MAINE FOODS, INC.                            | CAL MAINE FOODS INC                    | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |     49255 | NS      | $3919220.35   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN FERRY                                       | KORN FERRY                             | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     32414 | NS      | $2139972.28   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCENTRIX CORPORATION                           | CONCENTRIX CORP                        | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     91911 | NS      | $3821659.38   | 0.86%             |  |  |  | No            |                  1 | On Loan: —       |
| RING ENERGY INC.                                 | RING ENERGY INC                        | CUSIP: 76680V108<br>LEI: 549300HMY6TJ265I8S64 | Long             | EC               | CORP              | US        |    510480 | NS      | $444117.60    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE NATURAL RESOURCES, INC.                     | CORE NATURAL RESOURCES INC             | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |     70029 | NS      | $6198266.79   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| STAGWELL INC.                                    | STAGWELL INC                           | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |    103771 | NS      | $507440.19    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL CORPORATION                            | UNIVERSAL CORP                         | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |     34827 | NS      | $1837124.25   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HARMONY BIOSCIENCES HOLDINGS, INC.               | HARMONY BIOSCIENCES HOLDINGS INC       | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    118398 | NS      | $4430453.16   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BANDWIDTH INC.                                   | BANDWIDTH INC                          | CUSIP: 05988J103<br>LEI: 549300QC70JB7MUGXM66 | Long             | EC               | CORP              | US        |     30216 | NS      | $466837.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DROPBOX, INC.                                    | DROPBOX INC                            | CUSIP: 26210C104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160960 | NS      | $4474688.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PAR PACIFIC HOLDINGS, INC.                       | PAR PACIFIC HOLDINGS INC               | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |     86848 | NS      | $3051838.72   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIFF DAVIS, INC.                                 | ZIFF DAVIS INC                         | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |    124965 | NS      | $4392519.75   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| INFUSYSTEM HOLDINGS, INC.                        | INFUSYSTEM HOLDINGS INC                | CUSIP: 45685K102<br>LEI: 549300F58N8PHJ4QUI59 | Long             | EC               | CORP              | US        |     49442 | NS      | $443494.74    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GENTEX CORPORATION                               | GENTEX CORP                            | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |    121116 | NS      | $2818369.32   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| HELIX ENERGY SOLUTIONS GROUP, INC.               | HELIX ENERGY SOLUTIONS GROUP INC       | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |    183201 | NS      | $1148670.27   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVERAMP HOLDINGS, INC.                          | LIVERAMP HOLDINGS INC                  | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     71266 | NS      | $2093082.42   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| PEDIATRIX MEDICAL GROUP, INC.                    | PEDIATRIX MEDICAL GROUP INC            | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91339 | NS      | $1953741.21   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI CORPORATION                                  | HNI CORP                               | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |     55771 | NS      | $2344612.84   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ONESPAN INC.                                     | ONESPAN INC                            | CUSIP: 68287N100<br>LEI: 984500E502E6DC354D26 | Long             | EC               | CORP              | US        |     48730 | NS      | $625693.20    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EverQuote Inc                                    | EVERQUOTE INC                          | CUSIP: 30041R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42046 | NS      | $1135242.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical, Inc.                   | COLLEGIUM PHARMACEUTICAL INC           | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |     78236 | NS      | $3622326.80   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| GARRETT MOTION INC.                              | GARRETT MOTION INC                     | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | US        |    166743 | NS      | $2906330.49   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| WEATHERFORD INTERNATIONAL PUBLIC LIMITED COMPANY | WEATHERFORD INTERNATIONAL PLC          | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |     29204 | NS      | $2285505.04   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| MONARCH CASINO & RESORT, INC.                    | MONARCH CASINO RESORT INC              | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |      9325 | NS      | $892402.50    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOCRYST PHARMACEUTICALS, INC.                   | BIOCRYST PHARMACEUTICALS INC           | CUSIP: 09058V103<br>LEI: 549300Z0INP1Z5NP6J59 | Long             | EC               | CORP              | US        |    302399 | NS      | $2358712.20   | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| QuinStreet Inc                                   | QUINSTREET INC                         | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |     64529 | NS      | $927281.73    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MATRIX SERVICE COMPANY                           | MATRIX SERVICE CO                      | CUSIP: 576853105<br>LEI: 529900VYBKSX6HD2YW58 | Long             | EC               | CORP              | US        |     36486 | NS      | $426886.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HACKETT GROUP, INC.                          | HACKETT GROUP INC THE                  | CUSIP: 404609109<br>LEI: 5K016KLIRB6156644289 | Long             | EC               | CORP              | US        |     22905 | NS      | $449625.15    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| CROCS, INC.                                      | CROCS INC                              | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     48408 | NS      | $4139852.16   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| THE SIMPLY GOOD FOODS COMPANY                    | THE SIMPLY GOOD FOODS CO               | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    111771 | NS      | $2244361.68   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGALZOOM.COM, INC.                              | LEGALZOOM COM INC                      | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |    268101 | NS      | $2662242.93   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| JANUS INTERNATIONAL GROUP, INC.                  | JANUS INTERNATIONAL GROUP INC          | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    114027 | NS      | $745736.58    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND   | GLDMN SCHS FIN SQ GV-FST               | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3650710 | NS      | $3650709.75   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| BK TECHNOLOGIES CORPORATION                      | BK TECHNOLOGIES CORP                   | CUSIP: 05587G203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5826 | NS      | $434561.34    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INGREDION INCORPORATED                           | INGREDION INC                          | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     22739 | NS      | $2507202.14   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MATCH GROUP, INC.                                | MATCH GROUP INC                        | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |    119077 | NS      | $3844996.33   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOK HOLDINGS, INC.                              | SPOK HOLDINGS INC                      | CUSIP: 84863T106<br>LEI: 549300HXXANIVN2ICC89 | Long             | EC               | CORP              | US        |     34681 | NS      | $457442.39    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GAP, INC.                                    | GAP INC                                | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |    109047 | NS      | $2791603.20   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTERO RESOURCES CORPORATION                     | ANTERO RESOURCES CORP                  | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     93710 | NS      | $3229246.60   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| TG THERAPEUTICS, INC.                            | TG THERAPEUTICS INC                    | CUSIP: 88322Q108<br>LEI: 529900X21UKABN9NJ529 | Long             | EC               | CORP              | US        |     91821 | NS      | $2737184.01   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP, INC.                    | ASBURY AUTOMOTIVE GROUP INC            | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |     14451 | NS      | $3360291.03   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV INC.                                         | NOV INC                                | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    177502 | NS      | $2774356.26   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAND CANYON EDUCATION, INC.                     | GRAND CANYON EDUCATION INC             | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     12608 | NS      | $2096836.48   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| OppFi Inc                                        | OPPFI INC                              | CUSIP: 68386H103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165092 | NS      | $1726862.32   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO            | INVESCO GVT & AGNCY-INST               | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   3650710 | NS      | $3650709.75   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny Inc                                      | PROGYNY INC                            | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     96814 | NS      | $2486183.52   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| ANI PHARMACEUTICALS, INC.                        | ANI PHARMACEUTICALS INC                | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |     24953 | NS      | $1969789.82   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTEON CORPORATION                              | VISTEON CORP                           | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     23997 | NS      | $2282114.70   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| STUBHUB HOLDINGS, INC.                           | STUBHUB HOLDINGS INC                   | CUSIP: 86384P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    284652 | NS      | $3851341.56   | 0.87%             |  |  |  | No            |                  1 | On Loan: —       |
| MAGNITE, INC.                                    | MAGNITE INC                            | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |    116484 | NS      | $1890535.32   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Coursera Inc                                     | COURSERA INC                           | CUSIP: 22266M104<br>LEI: 984500573CA1QB7DAC30 | Long             | EC               | CORP              | US        |    383646 | NS      | $2823634.56   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| HF SINCLAIR CORPORATION                          | HF SINCLAIR CORP                       | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     91285 | NS      | $4206412.80   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| PELOTON INTERACTIVE, INC.                        | PELOTON INTERACTIVE INC A              | CUSIP: 70614W100<br>LEI: 5493002YS021166W0339 | Long             | EC               | CORP              | US        |    367452 | NS      | $2263504.32   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| CRESCENT ENERGY COMPANY                          | CRESCENT ENERGY INC                    | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    693535 | NS      | $5818755.77   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| SFL CORPORATION LTD.                             | SFL CORP LTD                           | CUSIP: G7738W106<br>LEI: 549300RLYYPSB0C7RH77 | Long             | EC               | CORP              | BM        |    207354 | NS      | $1619434.74   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TENNANT COMPANY                                  | TENNANT CO                             | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |     10859 | NS      | $800308.30    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CORECIVIC, INC.                                  | CORECIVIC INC                          | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |    111407 | NS      | $2128987.77   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PHINIA INC.                                      | PHINIA INC                             | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |     35829 | NS      | $2246120.01   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| TUTOR PERINI CORPORATION                         | TUTOR PERINI CORP                      | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |     69492 | NS      | $4657353.84   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOVENTUS INC.                                   | BIOVENTUS INC                          | CUSIP: 09075A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61370 | NS      | $456592.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOMINFO TECHNOLOGIES INC.                       | ZOOMINFO TECHNOLOGIES INC A            | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |    309971 | NS      | $3152405.07   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| SPECTRUM BRANDS HOLDINGS, INC.                   | SPECTRUM BRANDS HOLDINGS INC           | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |     30886 | NS      | $1824744.88   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| PAGERDUTY, INC.                                  | PAGERDUTY INC                          | CUSIP: 69553P100<br>LEI: 549300U1SB749EDAGH21 | Long             | EC               | CORP              | US        |    209670 | NS      | $2748773.70   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorian LPG Ltd.                                  | DORIAN LPG LTD                         | CUSIP: Y2106R110<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | MH        |     76196 | NS      | $1854610.64   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CIVITAS RESOURCES, INC.                          | CIVITAS RESOURCES INC                  | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |    146866 | NS      | $3978599.94   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Tactile Systems Technology Inc                   | TACTILE SYSTEMS TECHNOLOGY INC         | CUSIP: 87357P100<br>LEI: 54930069VDTITHOTKJ98 | Long             | EC               | CORP              | US        |     16131 | NS      | $467799.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MIMEDX GROUP, INC.                               | MIMEDX GROUP INC                       | CUSIP: 602496101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63597 | NS      | $430551.69    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNCOKE ENERGY, INC.                             | SUNCOKE ENERGY INC                     | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |    153635 | NS      | $1106172.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PACIRA BIOSCIENCES, INC.                         | PACIRA BIOSCIENCES INC                 | CUSIP: 695127100<br>LEI: 549300P56LERYBDHCF69 | Long             | EC               | CORP              | US        |     85736 | NS      | $2218847.68   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SHUTTERSTOCK, INC.                               | SHUTTERSTOCK INC                       | CUSIP: 825690100<br>LEI: 529900G2TDIS56V0LO22 | Long             | EC               | CORP              | US        |     44548 | NS      | $850866.80    | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Nutex Health Inc                                 | NUTEX HEALTH INC                       | CUSIP: 67079U306<br>LEI: 254900RSD2OET3HENJ50 | Long             | EC               | CORP              | US        |     13890 | NS      | $2286571.80   | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| IRIDIUM COMMUNICATIONS INC.                      | IRIDIUM COMMUNICATIONS INC             | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |    148397 | NS      | $2579139.86   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprinklr Inc                                     | SPRINKLR INC                           | CUSIP: 85208T107<br>LEI: 254900AR04RJ2BQO5S78 | Long             | EC               | CORP              | US        |    158748 | NS      | $1235059.44   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HARMONIC INC.                                    | HARMONIC INC                           | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |     64758 | NS      | $640456.62    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PLAYTIKA HOLDING CORP.                           | PLAYTIKA HOLDING CORP                  | CUSIP: 72815L107<br>LEI: 254900E35Z4TKA4UFG64 | Long             | EC               | CORP              | US        |    240286 | NS      | $949129.70    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TENABLE HOLDINGS, INC.                           | TENABLE HOLDINGS INC                   | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |     90860 | NS      | $2137935.80   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL INDUSTRIAL COMPANY                        | GLOBAL INDUSTRIAL CO                   | CUSIP: 37892E102<br>LEI: 5493000GO8Z3HEWCGE46 | Long             | EC               | CORP              | US        |     15173 | NS      | $443355.06    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SMITH DOUGLAS HOMES CORP.                        | SMITH DOUGLAS HOMES CORP               | CUSIP: 83207R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20822 | NS      | $349184.94    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| APA CORPORATION                                  | APA CORP                               | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    169378 | NS      | $4142985.88   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLD.COM, INC.                                   | GOLD COM INC                           | CUSIP: 00181T107<br>LEI: XP6XYFDZQGKLUMOFGT37 | Long             | EC               | CORP              | US        |     39542 | NS      | $1346405.10   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DAKTRONICS, INC                                  | DAKTRONICS INC                         | CUSIP: 234264109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31091 | NS      | $614669.07    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| STRIDE, INC.                                     | STRIDE INC                             | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |     71554 | NS      | $4646001.22   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RUSSELL 2000 MINI INDEX FUTURE MAR26             | RUSSELL 2000 MINI INDEX FUTURE MAR26   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        15 | NC      | $-36280.67    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ESPERION THERAPEUTICS, INC.                      | ESPERION THERAPEUTICS INC NE           | CUSIP: 29664W105<br>LEI: 549300OFU56UKEWVUS92 | Long             | EC               | CORP              | US        |    568464 | NS      | $2103316.80   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| FIVE9, INC.                                      | FIVE9 INC                              | CUSIP: 338307101<br>LEI: 254900MXP6EWY0SFFR59 | Long             | EC               | CORP              | US        |     94282 | NS      | $1890354.10   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CORMEDIX INC.                                    | CORMEDIX INC                           | CUSIP: 21900C308<br>LEI: 5299006YIA3L0MBW8358 | Long             | EC               | CORP              | US        |    306776 | NS      | $3567804.88   | 0.80%             |  |  |  | No            |                  1 | On Loan: —       |
| MAGNOLIA OIL & GAS CORPORATION                   | MAGNOLIA OIL GAS CORP                  | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    148442 | NS      | $3249395.38   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| RILEY EXPLORATION PERMIAN, INC.                  | RILEY EXPLORATION PERMIAN INC          | CUSIP: 76665T102<br>LEI: 5493008CUBI02XP43Q95 | Long             | EC               | CORP              | US        |     16753 | NS      | $442279.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TURTLE BEACH CORPORATION                         | TURTLE BEACH CORP                      | CUSIP: 900450206<br>LEI: 549300SZRV8U8PXSYI20 | Long             | EC               | CORP              | US        |     30357 | NS      | $425908.71    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| KB HOME                                          | KB HOME                                | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     45100 | NS      | $2544091.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Country Airlines Holdings Inc                | SUN COUNTRY AIRLINES HOLDINGS INC      | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |     87830 | NS      | $1263873.70   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| GENPACT LIMITED                                  | GENPACT LTD                            | CUSIP: G3922B107<br>LEI: 529900OSEC6Q0L4L5B35 | Long             | EC               | CORP              | BM        |     55291 | NS      | $2586512.98   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC THERAPEUTICS, INC.                           | PTC THERAPEUTICS INC                   | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |     30749 | NS      | $2335694.04   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| UPBOUND GROUP, INC.                              | UPBOUND GROUP INC                      | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |     91437 | NS      | $1605633.72   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TIDEWATER INC.                                   | TIDEWATER INC                          | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |     53449 | NS      | $2699708.99   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| PERDOCEO EDUCATION CORPORATION                   | PERDOCEO EDUCATION CORP                | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |     52853 | NS      | $1550178.49   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIGN TECHNOLOGY, INC.                           | ALIGN TECHNOLOGY INC                   | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |     17651 | NS      | $2756203.65   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| GRIFFON CORPORATION                              | GRIFFON CORP                           | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |     26164 | NS      | $1926978.60   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PENGUIN SOLUTIONS, INC.                          | PENGUIN SOLUTIONS INC                  | CUSIP: 706915105<br>LEI: 254900DVWIPOY3GJ8E23 | Long             | EC               | CORP              | US        |    105852 | NS      | $2070465.12   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MITEK SYSTEMS, INC.                              | MITEK SYSTEMS INC                      | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |     49282 | NS      | $519925.10    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| GOODRX HOLDINGS, INC.                            | GOODRX HOLDINGS INC                    | CUSIP: 38246G108<br>LEI: 529900ATKYECI45EHV09 | Long             | EC               | CORP              | US        |    537329 | NS      | $1456161.59   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer