# EDGAR Filing Document

**Accession Number:** 0001965702
**File Stem:** 0001965702-26-000002
**Filing Date:** 2026-1
**Character Count:** 49782
**Document Hash:** df0a28fd67c5d666350f6453beab4dc3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001965702-26-000002.hdr.sgml**: 20260116

**ACCESSION NUMBER**: 0001965702-26-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260116

**DATE AS OF CHANGE**: 20260116

**EFFECTIVENESS DATE**: 20260116

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Linden Thomas Advisory Services, LLC
- **CENTRAL INDEX KEY:** 0001965702

**ORGANIZATION NAME:**
- **EIN:** 821443892
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23127
- **FILM NUMBER:** 26537953

**BUSINESS ADDRESS:**
- **STREET 1:** 516 NORTH TRYON STREET
- **STREET 2:** SUITE 200
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202
- **BUSINESS PHONE:** 704-554-8150

**MAIL ADDRESS:**
- **STREET 1:** 516 NORTH TRYON STREET
- **STREET 2:** SUITE 200
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Linden Thomas Advisory Services LLC<br>**Address:** 516 North Tryon Street<br>Suite 200<br>Charlotte, NC 28202

**Form 13F File Number:** 028-23127

**CRD Number (if applicable):** 000288557

**SEC File Number (if applicable):** 801-110683

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** David Smith<br>**Title:** CCO<br>**Phone:** 704-554-8150

**Signature, Place, and Date of Signing:**

/s/David Smith  Charlotte, NC  01-16-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 485

**Form 13F Information Table Value Total:** $986639998

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 1ST SOURCE CORP | COM | 336901103 |  | 1709226 | 27352 | SH |  | SOLE |  | 0 | 0 | 27352 |
| 3M CO | COM | 88579Y101 |  | 1912074 | 11943 | SH |  | SOLE |  | 0 | 0 | 11943 |
| A10 NETWORKS INC | COM | 002121101 |  | 256912 | 14523 | SH |  | SOLE |  | 0 | 0 | 14523 |
| ABBOTT LABS | COM | 002824100 |  | 5814584 | 46409 | SH |  | SOLE |  | 0 | 0 | 46409 |
| ABBVIE INC | COM | 00287Y109 |  | 3086214 | 13507 | SH |  | SOLE |  | 0 | 0 | 13507 |
| ABRDN PALLADIUM ETF TRUST | PHYSICAL PALLADM | 003262102 |  | 1028564 | 7075 | SH |  | SOLE |  | 0 | 0 | 7075 |
| ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 |  | 1191101 | 6389 | SH |  | SOLE |  | 0 | 0 | 6389 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 287770 | 5760 | SH |  | SOLE |  | 0 | 0 | 5760 |
| ACADIAN ASSET MANAGEMENT INC | COM | 10948W103 |  | 1413619 | 30077 | SH |  | SOLE |  | 0 | 0 | 30077 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1636630 | 6100 | SH |  | SOLE |  | 0 | 0 | 6100 |
| ACUITY INC | COM | 00508Y102 |  | 1962938 | 5452 | SH |  | SOLE |  | 0 | 0 | 5452 |
| ACUSHNET HLDGS CORP | COM | 005098108 |  | 273623 | 3428 | SH |  | SOLE |  | 0 | 0 | 3428 |
| ADEIA INC | COM | 00676P107 |  | 178900 | 10371 | SH |  | SOLE |  | 0 | 0 | 10371 |
| ADOBE INC | COM | 00724F101 |  | 2553527 | 7296 | SH |  | SOLE |  | 0 | 0 | 7296 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 4920112 | 22974 | SH |  | SOLE |  | 0 | 0 | 22974 |
| AECOM | COM | 00766T100 |  | 3615676 | 37928 | SH |  | SOLE |  | 0 | 0 | 37928 |
| AEROVIRONMENT INC | COM | 008073108 |  | 504824 | 2087 | SH |  | SOLE |  | 0 | 0 | 2087 |
| AGCO CORP | COM | 001084102 |  | 239936 | 2300 | SH |  | SOLE |  | 0 | 0 | 2300 |
| AGILYSYS INC | COM | 00847J105 |  | 431627 | 3632 | SH |  | SOLE |  | 0 | 0 | 3632 |
| ALBANY INTL CORP | CL A | 012348108 |  | 660469 | 13027 | SH |  | SOLE |  | 0 | 0 | 13027 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 2801213 | 28613 | SH |  | SOLE |  | 0 | 0 | 28613 |
| ALPHA METALLURGICAL RESOUR I | COM | 020764106 |  | 1501698 | 7513 | SH |  | SOLE |  | 0 | 0 | 7513 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 10303021 | 32917 | SH |  | SOLE |  | 0 | 0 | 32917 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 6149439 | 106650 | SH |  | SOLE |  | 0 | 0 | 106650 |
| AMAZON COM INC | COM | 023135106 |  | 875039 | 3791 | SH |  | SOLE |  | 0 | 0 | 3791 |
| AMBARELLA INC | SHS | G037AX101 |  | 1202509 | 16975 | SH |  | SOLE |  | 0 | 0 | 16975 |
| AMCOR PLC | ORD | G0250X107 |  | 1140412 | 136740 | SH |  | SOLE |  | 0 | 0 | 136740 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1457233 | 3939 | SH |  | SOLE |  | 0 | 0 | 3939 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 1556922 | 11391 | SH |  | SOLE |  | 0 | 0 | 11391 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 2101107 | 4285 | SH |  | SOLE |  | 0 | 0 | 4285 |
| AMERIS BANCORP | COM | 03076K108 |  | 2581848 | 34763 | SH |  | SOLE |  | 0 | 0 | 34763 |
| AMGEN INC | COM | 031162100 |  | 2594586 | 7927 | SH |  | SOLE |  | 0 | 0 | 7927 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 5168700 | 38247 | SH |  | SOLE |  | 0 | 0 | 38247 |
| ANALOG DEVICES INC | COM | 032654105 |  | 3212906 | 11847 | SH |  | SOLE |  | 0 | 0 | 11847 |
| ANGLOGOLD ASHANTI PLC | COM SHS | G0378L100 |  | 304620 | 3572 | SH |  | SOLE |  | 0 | 0 | 3572 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 |  | 637362 | 35827 | SH |  | SOLE |  | 0 | 0 | 35827 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 796759 | 5504 | SH |  | SOLE |  | 0 | 0 | 5504 |
| APPFOLIO INC | COM CL A | 03783C100 |  | 351069 | 1509 | SH |  | SOLE |  | 0 | 0 | 1509 |
| APPLE INC | COM | 037833100 |  | 21530496 | 79197 | SH |  | SOLE |  | 0 | 0 | 79197 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 1304392 | 5080 | SH |  | SOLE |  | 0 | 0 | 5080 |
| APPLIED MATLS INC | COM | 038222105 |  | 3746657 | 14579 | SH |  | SOLE |  | 0 | 0 | 14579 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 14594941 | 21660 | SH |  | SOLE |  | 0 | 0 | 21660 |
| ARCBEST CORP | COM | 03937C105 |  | 1994227 | 26880 | SH |  | SOLE |  | 0 | 0 | 26880 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 275722 | 4796 | SH |  | SOLE |  | 0 | 0 | 4796 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 1322152 | 65356 | SH |  | SOLE |  | 0 | 0 | 65356 |
| ARGAN INC | COM | 04010E109 |  | 1629264 | 5200 | SH |  | SOLE |  | 0 | 0 | 5200 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 11297275 | 86219 | SH |  | SOLE |  | 0 | 0 | 86219 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 952175 | 890 | SH |  | SOLE |  | 0 | 0 | 890 |
| ASTERA LABS INC | COM | 04626A103 |  | 8735896 | 52512 | SH |  | SOLE |  | 0 | 0 | 52512 |
| ASTRANA HEALTH INC | COM NEW | 03763A207 |  | 697285 | 28105 | SH |  | SOLE |  | 0 | 0 | 28105 |
| ATKORE INC | COM | 047649108 |  | 804097 | 12713 | SH |  | SOLE |  | 0 | 0 | 12713 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 1708631 | 10538 | SH |  | SOLE |  | 0 | 0 | 10538 |
| AUTODESK INC | COM | 052769106 |  | 1334413 | 4508 | SH |  | SOLE |  | 0 | 0 | 4508 |
| AUTOLIV INC | COM | 052800109 |  | 1676757 | 14126 | SH |  | SOLE |  | 0 | 0 | 14126 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 641274 | 2493 | SH |  | SOLE |  | 0 | 0 | 2493 |
| AUTOZONE INC | COM | 053332102 |  | 4944807 | 1458 | SH |  | SOLE |  | 0 | 0 | 1458 |
| AVERY DENNISON CORP | COM | 053611109 |  | 238627 | 1312 | SH |  | SOLE |  | 0 | 0 | 1312 |
| AVIENT CORPORATION | COM | 05368V106 |  | 911489 | 29177 | SH |  | SOLE |  | 0 | 0 | 29177 |
| AXCELIS TECHNOLOGIES INC | COM NEW | 054540208 |  | 311398 | 3876 | SH |  | SOLE |  | 0 | 0 | 3876 |
| AXIS CAP HLDGS LTD | SHS | G0692U109 |  | 1572510 | 14684 | SH |  | SOLE |  | 0 | 0 | 14684 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 609389 | 1073 | SH |  | SOLE |  | 0 | 0 | 1073 |
| AZZ INC | COM | 002474104 |  | 1030429 | 9614 | SH |  | SOLE |  | 0 | 0 | 9614 |
| BADGER METER INC | COM | 056525108 |  | 2219890 | 12728 | SH |  | SOLE |  | 0 | 0 | 12728 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 888030 | 19500 | SH |  | SOLE |  | 0 | 0 | 19500 |
| BANK AMERICA CORP | COM | 060505104 |  | 316525 | 5755 | SH |  | SOLE |  | 0 | 0 | 5755 |
| BANK FIRST CORP | COM | 06211J100 |  | 2120033 | 17403 | SH |  | SOLE |  | 0 | 0 | 17403 |
| BANKUNITED INC | COM | 06652K103 |  | 2503675 | 56174 | SH |  | SOLE |  | 0 | 0 | 56174 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 361465 | 8300 | SH |  | SOLE |  | 0 | 0 | 8300 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4339377 | 8633 | SH |  | SOLE |  | 0 | 0 | 8633 |
| BEST BUY INC | COM | 086516101 |  | 1113514 | 16637 | SH |  | SOLE |  | 0 | 0 | 16637 |
| BIOGEN INC | COM | 09062X103 |  | 1278391 | 7264 | SH |  | SOLE |  | 0 | 0 | 7264 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 1067637 | 18154 | SH |  | SOLE |  | 0 | 0 | 18154 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 1045518 | 11613 | SH |  | SOLE |  | 0 | 0 | 11613 |
| BLACKROCK INC | COM | 09290D101 |  | 583335 | 545 | SH |  | SOLE |  | 0 | 0 | 545 |
| BLACKSTONE INC | COM | 09260D107 |  | 2728586 | 17702 | SH |  | SOLE |  | 0 | 0 | 17702 |
| BLOCK H  R INC | COM | 093671105 |  | 1348234 | 30937 | SH |  | SOLE |  | 0 | 0 | 30937 |
| BOISE CASCADE CO DEL | COM | 09739D100 |  | 1423350 | 19339 | SH |  | SOLE |  | 0 | 0 | 19339 |
| BOX INC | CL A | 10316T104 |  | 816094 | 27285 | SH |  | SOLE |  | 0 | 0 | 27285 |
| BOYD GAMING CORP | COM | 103304101 |  | 1919520 | 22519 | SH |  | SOLE |  | 0 | 0 | 22519 |
| BRIGHTSTAR LOTTERY PLC | SHS USD | G4863A108 |  | 342371 | 22117 | SH |  | SOLE |  | 0 | 0 | 22117 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1511129 | 28015 | SH |  | SOLE |  | 0 | 0 | 28015 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 831182 | 14680 | SH |  | SOLE |  | 0 | 0 | 14680 |
| BROADCOM INC | COM | 11135F101 |  | 13558814 | 39176 | SH |  | SOLE |  | 0 | 0 | 39176 |
| BRUKER CORP | COM | 116794108 |  | 885008 | 18786 | SH |  | SOLE |  | 0 | 0 | 18786 |
| BURLINGTON STORES INC | COM | 122017106 |  | 812824 | 2814 | SH |  | SOLE |  | 0 | 0 | 2814 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 1221294 | 7597 | SH |  | SOLE |  | 0 | 0 | 7597 |
| CACI INTL INC | CL A | 127190304 |  | 1552076 | 2913 | SH |  | SOLE |  | 0 | 0 | 2913 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 5236340 | 16752 | SH |  | SOLE |  | 0 | 0 | 16752 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 1705026 | 21428 | SH |  | SOLE |  | 0 | 0 | 21428 |
| CALIX INC | COM | 13100M509 |  | 221988 | 4194 | SH |  | SOLE |  | 0 | 0 | 4194 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 603875 | 6109 | SH |  | SOLE |  | 0 | 0 | 6109 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 297133 | 1226 | SH |  | SOLE |  | 0 | 0 | 1226 |
| CARGURUS INC | COM CL A | 141788109 |  | 248278 | 6474 | SH |  | SOLE |  | 0 | 0 | 6474 |
| CARRIAGE SVCS INC | COM | 143905107 |  | 898579 | 21243 | SH |  | SOLE |  | 0 | 0 | 21243 |
| CASEYS GEN STORES INC | COM | 147528103 |  | 1704558 | 3084 | SH |  | SOLE |  | 0 | 0 | 3084 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 3265219 | 139898 | SH |  | SOLE |  | 0 | 0 | 139898 |
| CATERPILLAR INC | COM | 149123101 |  | 407311 | 711 | SH |  | SOLE |  | 0 | 0 | 711 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 2265526 | 9026 | SH |  | SOLE |  | 0 | 0 | 9026 |
| CBRE GROUP INC | CL A | 12504L109 |  | 312576 | 1944 | SH |  | SOLE |  | 0 | 0 | 1944 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 1200629 | 26249 | SH |  | SOLE |  | 0 | 0 | 26249 |
| CENCORA INC | COM | 03073E105 |  | 5123668 | 15170 | SH |  | SOLE |  | 0 | 0 | 15170 |
| CENTENE CORP DEL | COM | 15135B101 |  | 695024 | 16890 | SH |  | SOLE |  | 0 | 0 | 16890 |
| CHART INDS INC | COM | 16115Q308 |  | 883696 | 4285 | SH |  | SOLE |  | 0 | 0 | 4285 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 2044498 | 9794 | SH |  | SOLE |  | 0 | 0 | 9794 |
| CHEMED CORP NEW | COM | 16359R103 |  | 2971916 | 6946 | SH |  | SOLE |  | 0 | 0 | 6946 |
| CHEMOURS CO | COM | 163851108 |  | 231320 | 19620 | SH |  | SOLE |  | 0 | 0 | 19620 |
| CHESAPEAKE UTILS CORP | COM | 165303108 |  | 863838 | 6924 | SH |  | SOLE |  | 0 | 0 | 6924 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 359714 | 9722 | SH |  | SOLE |  | 0 | 0 | 9722 |
| CHUBB LIMITED | COM | H1467J104 |  | 272793 | 874 | SH |  | SOLE |  | 0 | 0 | 874 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 919982 | 5633 | SH |  | SOLE |  | 0 | 0 | 5633 |
| CINTAS CORP | COM | 172908105 |  | 1794564 | 9542 | SH |  | SOLE |  | 0 | 0 | 9542 |
| CIRRUS LOGIC INC | COM | 172755100 |  | 1531494 | 12924 | SH |  | SOLE |  | 0 | 0 | 12924 |
| CISCO SYS INC | COM | 17275R102 |  | 5504410 | 71458 | SH |  | SOLE |  | 0 | 0 | 71458 |
| COCA COLA CONS INC | COM | 191098102 |  | 315338 | 2057 | SH |  | SOLE |  | 0 | 0 | 2057 |
| COGNEX CORP | COM | 192422103 |  | 1185613 | 32952 | SH |  | SOLE |  | 0 | 0 | 32952 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 4419252 | 53244 | SH |  | SOLE |  | 0 | 0 | 53244 |
| COHU INC | COM | 192576106 |  | 755065 | 32448 | SH |  | SOLE |  | 0 | 0 | 32448 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 3421863 | 122428 | SH |  | SOLE |  | 0 | 0 | 122428 |
| COMERICA INC | COM | 200340107 |  | 3017253 | 34709 | SH |  | SOLE |  | 0 | 0 | 34709 |
| COMFORT SYS USA INC | COM | 199908104 |  | 1917911 | 2055 | SH |  | SOLE |  | 0 | 0 | 2055 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1341759 | 14334 | SH |  | SOLE |  | 0 | 0 | 14334 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 902948 | 6545 | SH |  | SOLE |  | 0 | 0 | 6545 |
| COPART INC | COM | 217204106 |  | 1449137 | 37015 | SH |  | SOLE |  | 0 | 0 | 37015 |
| CORCEPT THERAPEUTICS INC | COM | 218352102 |  | 2199708 | 63210 | SH |  | SOLE |  | 0 | 0 | 63210 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 |  | 2833028 | 32008 | SH |  | SOLE |  | 0 | 0 | 32008 |
| CORNING INC | COM | 219350105 |  | 4065498 | 46431 | SH |  | SOLE |  | 0 | 0 | 46431 |
| CORVEL CORP | COM | 221006109 |  | 515442 | 7617 | SH |  | SOLE |  | 0 | 0 | 7617 |
| COSTAR GROUP INC | COM | 22160N109 |  | 2744064 | 40810 | SH |  | SOLE |  | 0 | 0 | 40810 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3482129 | 4038 | SH |  | SOLE |  | 0 | 0 | 4038 |
| CRA INTL INC | COM | 12618T105 |  | 3221956 | 16054 | SH |  | SOLE |  | 0 | 0 | 16054 |
| CRANE NXT CO | COM | 224441105 |  | 1412759 | 30014 | SH |  | SOLE |  | 0 | 0 | 30014 |
| CREDIT ACCEP CORP MICH | COM | 225310101 |  | 782263 | 1764 | SH |  | SOLE |  | 0 | 0 | 1764 |
| CROCS INC | COM | 227046109 |  | 1044712 | 12216 | SH |  | SOLE |  | 0 | 0 | 12216 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 3474449 | 7412 | SH |  | SOLE |  | 0 | 0 | 7412 |
| CSG SYS INTL INC | COM | 126349109 |  | 272173 | 3549 | SH |  | SOLE |  | 0 | 0 | 3549 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 2000559 | 3629 | SH |  | SOLE |  | 0 | 0 | 3629 |
| D R HORTON INC | COM | 23331A109 |  | 321619 | 2233 | SH |  | SOLE |  | 0 | 0 | 2233 |
| DANAHER CORPORATION | COM | 235851102 |  | 307440 | 1343 | SH |  | SOLE |  | 0 | 0 | 1343 |
| DATADOG INC | CL A COM | 23804L103 |  | 1925482 | 14159 | SH |  | SOLE |  | 0 | 0 | 14159 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 286959 | 2768 | SH |  | SOLE |  | 0 | 0 | 2768 |
| DEERE  CO | COM | 244199105 |  | 232785 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| DESIGNER BRANDS INC | CL A | 250565108 |  | 1020065 | 137290 | SH |  | SOLE |  | 0 | 0 | 137290 |
| DEXCOM INC | COM | 252131107 |  | 1837719 | 27689 | SH |  | SOLE |  | 0 | 0 | 27689 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 1266810 | 6399 | SH |  | SOLE |  | 0 | 0 | 6399 |
| DOCUSIGN INC | COM | 256163106 |  | 934412 | 13661 | SH |  | SOLE |  | 0 | 0 | 13661 |
| DOLBY LABORATORIES INC | COM CL A | 25659T107 |  | 541246 | 8428 | SH |  | SOLE |  | 0 | 0 | 8428 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 1312149 | 3148 | SH |  | SOLE |  | 0 | 0 | 3148 |
| DORMAN PRODS INC | COM | 258278100 |  | 2206333 | 17910 | SH |  | SOLE |  | 0 | 0 | 17910 |
| DOW INC | COM | 260557103 |  | 684450 | 29275 | SH |  | SOLE |  | 0 | 0 | 29275 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 1750320 | 14625 | SH |  | SOLE |  | 0 | 0 | 14625 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 981739 | 11516 | SH |  | SOLE |  | 0 | 0 | 11516 |
| EGAIN CORP | COM NEW | 28225C806 |  | 174395 | 16948 | SH |  | SOLE |  | 0 | 0 | 16948 |
| ELDORADO GOLD CORP NEW | COM | 284902509 |  | 283624 | 7896 | SH |  | SOLE |  | 0 | 0 | 7896 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 396400 | 1940 | SH |  | SOLE |  | 0 | 0 | 1940 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 592780 | 1691 | SH |  | SOLE |  | 0 | 0 | 1691 |
| ELI LILLY  CO | COM | 532457108 |  | 5491615 | 5110 | SH |  | SOLE |  | 0 | 0 | 5110 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 2857059 | 4670 | SH |  | SOLE |  | 0 | 0 | 4670 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 1637316 | 15426 | SH |  | SOLE |  | 0 | 0 | 15426 |
| ENTEGRIS INC | COM | 29362U104 |  | 1039224 | 12335 | SH |  | SOLE |  | 0 | 0 | 12335 |
| ENTRAVISION COMMUNICATIONS C | CL A | 29382R107 |  | 33833 | 11547 | SH |  | SOLE |  | 0 | 0 | 11547 |
| EOG RES INC | COM | 26875P101 |  | 1417005 | 13494 | SH |  | SOLE |  | 0 | 0 | 13494 |
| EPAM SYS INC | COM | 29414B104 |  | 2392384 | 11677 | SH |  | SOLE |  | 0 | 0 | 11677 |
| EQUINOR ASA | SPONSORED ADR | 29446M102 |  | 626975 | 26533 | SH |  | SOLE |  | 0 | 0 | 26533 |
| ETHAN ALLEN INTERIORS INC | COM | 297602104 |  | 978831 | 42856 | SH |  | SOLE |  | 0 | 0 | 42856 |
| EVERCORE INC | CLASS A | 29977A105 |  | 341611 | 1004 | SH |  | SOLE |  | 0 | 0 | 1004 |
| EVERQUOTE INC | COM CL A | 30041R108 |  | 246267 | 9121 | SH |  | SOLE |  | 0 | 0 | 9121 |
| EXLSERVICE HOLDINGS INC | COM | 302081104 |  | 822996 | 19392 | SH |  | SOLE |  | 0 | 0 | 19392 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 4789893 | 39803 | SH |  | SOLE |  | 0 | 0 | 39803 |
| F5 INC | COM | 315616102 |  | 6456802 | 25295 | SH |  | SOLE |  | 0 | 0 | 25295 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 2129704 | 7339 | SH |  | SOLE |  | 0 | 0 | 7339 |
| FAIR ISAAC CORP | COM | 303250104 |  | 2581577 | 1527 | SH |  | SOLE |  | 0 | 0 | 1527 |
| FERRARI N V | COM | N3167Y103 |  | 497058 | 1345 | SH |  | SOLE |  | 0 | 0 | 1345 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 875187 | 16032 | SH |  | SOLE |  | 0 | 0 | 16032 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 1420516 | 21374 | SH |  | SOLE |  | 0 | 0 | 21374 |
| FIRST AMERN FINL CORP | COM | 31847R102 |  | 625029 | 10173 | SH |  | SOLE |  | 0 | 0 | 10173 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 1107550 | 46341 | SH |  | SOLE |  | 0 | 0 | 46341 |
| FIRST SOLAR INC | COM | 336433107 |  | 591947 | 2266 | SH |  | SOLE |  | 0 | 0 | 2266 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 |  | 1991294 | 12494 | SH |  | SOLE |  | 0 | 0 | 12494 |
| FIRSTENERGY CORP | COM | 337932107 |  | 1876714 | 41919 | SH |  | SOLE |  | 0 | 0 | 41919 |
| FISERV INC | COM | 337738108 |  | 1429243 | 21278 | SH |  | SOLE |  | 0 | 0 | 21278 |
| FIVE BELOW INC | COM | 33829M101 |  | 3500671 | 18585 | SH |  | SOLE |  | 0 | 0 | 18585 |
| FLEX LTD | ORD | Y2573F102 |  | 337748 | 5590 | SH |  | SOLE |  | 0 | 0 | 5590 |
| FLOWERS FOODS INC | COM | 343498101 |  | 294250 | 27045 | SH |  | SOLE |  | 0 | 0 | 27045 |
| FORMFACTOR INC | COM | 346375108 |  | 2220044 | 39800 | SH |  | SOLE |  | 0 | 0 | 39800 |
| FORTINET INC | COM | 34959E109 |  | 4599745 | 57924 | SH |  | SOLE |  | 0 | 0 | 57924 |
| FOX CORP | CL A COM | 35137L105 |  | 5686015 | 77816 | SH |  | SOLE |  | 0 | 0 | 77816 |
| FRANKLIN RESOURCES INC | COM | 354613101 |  | 259063 | 10844 | SH |  | SOLE |  | 0 | 0 | 10844 |
| FTI CONSULTING INC | COM | 302941109 |  | 237283 | 1389 | SH |  | SOLE |  | 0 | 0 | 1389 |
| GARMIN LTD | SHS | H2906T109 |  | 2624270 | 12937 | SH |  | SOLE |  | 0 | 0 | 12937 |
| GARTNER INC | COM | 366651107 |  | 1827769 | 7245 | SH |  | SOLE |  | 0 | 0 | 7245 |
| GATX CORP | COM | 361448103 |  | 1024384 | 6040 | SH |  | SOLE |  | 0 | 0 | 6040 |
| GE VERNOVA INC | COM | 36828A101 |  | 6506289 | 9955 | SH |  | SOLE |  | 0 | 0 | 9955 |
| GENCO SHIPPING  TRADING LTD | SHS | Y2685T131 |  | 1208842 | 65591 | SH |  | SOLE |  | 0 | 0 | 65591 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 2887869 | 8578 | SH |  | SOLE |  | 0 | 0 | 8578 |
| GENERAL MTRS CO | COM | 37045V100 |  | 395459 | 4863 | SH |  | SOLE |  | 0 | 0 | 4863 |
| GENTHERM INC | COM | 37253A103 |  | 1491825 | 41018 | SH |  | SOLE |  | 0 | 0 | 41018 |
| GENUINE PARTS CO | COM | 372460105 |  | 1834440 | 14919 | SH |  | SOLE |  | 0 | 0 | 14919 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 6082135 | 49553 | SH |  | SOLE |  | 0 | 0 | 49553 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 489245 | 6321 | SH |  | SOLE |  | 0 | 0 | 6321 |
| GLOBALSTAR INC | COM NEW | 378973507 |  | 4581601 | 75059 | SH |  | SOLE |  | 0 | 0 | 75059 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 355116 | 404 | SH |  | SOLE |  | 0 | 0 | 404 |
| GRAHAM HLDGS CO | COM CL B | 384637104 |  | 2857459 | 2601 | SH |  | SOLE |  | 0 | 0 | 2601 |
| GRID DYNAMICS HLDGS INC | CL A | 39813G109 |  | 917060 | 101557 | SH |  | SOLE |  | 0 | 0 | 101557 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 214349 | 545 | SH |  | SOLE |  | 0 | 0 | 545 |
| HACKETT GROUP INC | COM | 404609109 |  | 1920207 | 97820 | SH |  | SOLE |  | 0 | 0 | 97820 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 2342242 | 34803 | SH |  | SOLE |  | 0 | 0 | 34803 |
| HANOVER INS GROUP INC | COM | 410867105 |  | 2479093 | 13564 | SH |  | SOLE |  | 0 | 0 | 13564 |
| HAWKINS INC | COM | 420261109 |  | 1286353 | 9055 | SH |  | SOLE |  | 0 | 0 | 9055 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 304393 | 652 | SH |  | SOLE |  | 0 | 0 | 652 |
| HEALTHCARE RLTY TR | CL A COM | 42226K105 |  | 531772 | 31373 | SH |  | SOLE |  | 0 | 0 | 31373 |
| HEICO CORP NEW | COM | 422806109 |  | 8564780 | 26468 | SH |  | SOLE |  | 0 | 0 | 26468 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 1721151 | 9432 | SH |  | SOLE |  | 0 | 0 | 9432 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 2771692 | 115391 | SH |  | SOLE |  | 0 | 0 | 115391 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 1332840 | 4640 | SH |  | SOLE |  | 0 | 0 | 4640 |
| HOME DEPOT INC | COM | 437076102 |  | 4761312 | 13837 | SH |  | SOLE |  | 0 | 0 | 13837 |
| HORMEL FOODS CORP | COM | 440452100 |  | 3222015 | 135950 | SH |  | SOLE |  | 0 | 0 | 135950 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 1628676 | 9350 | SH |  | SOLE |  | 0 | 0 | 9350 |
| HP INC | COM | 40434L105 |  | 1068593 | 47962 | SH |  | SOLE |  | 0 | 0 | 47962 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 891410 | 11331 | SH |  | SOLE |  | 0 | 0 | 11331 |
| HUBSPOT INC | COM | 443573100 |  | 1175006 | 2928 | SH |  | SOLE |  | 0 | 0 | 2928 |
| HUMANA INC | COM | 444859102 |  | 444129 | 1734 | SH |  | SOLE |  | 0 | 0 | 1734 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 326880 | 1682 | SH |  | SOLE |  | 0 | 0 | 1682 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 1920506 | 110692 | SH |  | SOLE |  | 0 | 0 | 110692 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 1304168 | 3835 | SH |  | SOLE |  | 0 | 0 | 3835 |
| HUNTSMAN CORP | COM | 447011107 |  | 211470 | 21147 | SH |  | SOLE |  | 0 | 0 | 21147 |
| ICHOR HOLDINGS | SHS | G4740B105 |  | 934438 | 50702 | SH |  | SOLE |  | 0 | 0 | 50702 |
| IDEXX LABS INC | COM | 45168D104 |  | 5314820 | 7856 | SH |  | SOLE |  | 0 | 0 | 7856 |
| INCYTE CORP | COM | 45337C102 |  | 258777 | 2620 | SH |  | SOLE |  | 0 | 0 | 2620 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 1380488 | 17426 | SH |  | SOLE |  | 0 | 0 | 17426 |
| INGLES MKTS INC | CL A | 457030104 |  | 979100 | 14283 | SH |  | SOLE |  | 0 | 0 | 14283 |
| INNOSPEC INC | COM | 45768S105 |  | 869571 | 11361 | SH |  | SOLE |  | 0 | 0 | 11361 |
| INSTEEL INDS INC | COM | 45774W108 |  | 776928 | 24532 | SH |  | SOLE |  | 0 | 0 | 24532 |
| INSULET CORP | COM | 45784P101 |  | 2504439 | 8811 | SH |  | SOLE |  | 0 | 0 | 8811 |
| INTERDIGITAL INC | COM | 45867G101 |  | 249292 | 783 | SH |  | SOLE |  | 0 | 0 | 783 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1490529 | 5032 | SH |  | SOLE |  | 0 | 0 | 5032 |
| INTUIT | COM | 461202103 |  | 5235105 | 7903 | SH |  | SOLE |  | 0 | 0 | 7903 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 6265074 | 11062 | SH |  | SOLE |  | 0 | 0 | 11062 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 2011772 | 31229 | SH |  | SOLE |  | 0 | 0 | 31229 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 238114 | 2384 | SH |  | SOLE |  | 0 | 0 | 2384 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 268692 | 2798 | SH |  | SOLE |  | 0 | 0 | 2798 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 297258 | 796 | SH |  | SOLE |  | 0 | 0 | 796 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1370204 | 2895 | SH |  | SOLE |  | 0 | 0 | 2895 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 953708 | 5263 | SH |  | SOLE |  | 0 | 0 | 5263 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 1090727 | 7965 | SH |  | SOLE |  | 0 | 0 | 7965 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 353753 | 2508 | SH |  | SOLE |  | 0 | 0 | 2508 |
| ISHARES TR | RUS TP200 GR ETF | 464289438 |  | 950735 | 3433 | SH |  | SOLE |  | 0 | 0 | 3433 |
| ISHARES TR | RUS TP200 VL ETF | 464289420 |  | 1934204 | 21056 | SH |  | SOLE |  | 0 | 0 | 21056 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 254934 | 659 | SH |  | SOLE |  | 0 | 0 | 659 |
| JACKSON FINANCIAL INC | COM CL A | 46817M107 |  | 3551232 | 33298 | SH |  | SOLE |  | 0 | 0 | 33298 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 2405424 | 7149 | SH |  | SOLE |  | 0 | 0 | 7149 |
| KADANT INC | COM | 48282T104 |  | 821143 | 2881 | SH |  | SOLE |  | 0 | 0 | 2881 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 2836666 | 103189 | SH |  | SOLE |  | 0 | 0 | 103189 |
| KINIKSA PHARMACEUTICALS INTL | ORD SHS CL A | G52694109 |  | 4721558 | 114462 | SH |  | SOLE |  | 0 | 0 | 114462 |
| KLA CORP | COM NEW | 482480100 |  | 5766770 | 4746 | SH |  | SOLE |  | 0 | 0 | 4746 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 2001748 | 38289 | SH |  | SOLE |  | 0 | 0 | 38289 |
| KORN FERRY | COM NEW | 500643200 |  | 228297 | 3458 | SH |  | SOLE |  | 0 | 0 | 3458 |
| KRAFT HEINZ CO | COM | 500754106 |  | 1136525 | 46867 | SH |  | SOLE |  | 0 | 0 | 46867 |
| KROGER CO | COM | 501044101 |  | 3603596 | 57676 | SH |  | SOLE |  | 0 | 0 | 57676 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 2363826 | 8052 | SH |  | SOLE |  | 0 | 0 | 8052 |
| LA Z BOY INC | COM | 505336107 |  | 770222 | 20666 | SH |  | SOLE |  | 0 | 0 | 20666 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 235576 | 939 | SH |  | SOLE |  | 0 | 0 | 939 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 7262312 | 42425 | SH |  | SOLE |  | 0 | 0 | 42425 |
| LANDSTAR SYS INC | COM | 515098101 |  | 1135805 | 7904 | SH |  | SOLE |  | 0 | 0 | 7904 |
| LANTHEUS HLDGS INC | COM | 516544103 |  | 1380180 | 20739 | SH |  | SOLE |  | 0 | 0 | 20739 |
| LEMAITRE VASCULAR INC | COM | 525558201 |  | 2842150 | 35045 | SH |  | SOLE |  | 0 | 0 | 35045 |
| LENNOX INTL INC | COM | 526107107 |  | 3555902 | 7323 | SH |  | SOLE |  | 0 | 0 | 7323 |
| LIGAND PHARMACEUTICALS INC | COM NEW | 53220K504 |  | 3133835 | 16575 | SH |  | SOLE |  | 0 | 0 | 16575 |
| LINDE PLC | SHS | G54950103 |  | 1271495 | 2982 | SH |  | SOLE |  | 0 | 0 | 2982 |
| LIQUIDITY SVCS INC | COM | 53635B107 |  | 244056 | 8052 | SH |  | SOLE |  | 0 | 0 | 8052 |
| LKQ CORP | COM | 501889208 |  | 1140352 | 37760 | SH |  | SOLE |  | 0 | 0 | 37760 |
| LOAR HOLDINGS INC | COM SHS | 53947R105 |  | 1961052 | 28839 | SH |  | SOLE |  | 0 | 0 | 28839 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 4244204 | 8775 | SH |  | SOLE |  | 0 | 0 | 8775 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 211187 | 2615 | SH |  | SOLE |  | 0 | 0 | 2615 |
| LOWES COS INC | COM | 548661107 |  | 3135803 | 13003 | SH |  | SOLE |  | 0 | 0 | 13003 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 2054410 | 9886 | SH |  | SOLE |  | 0 | 0 | 9886 |
| MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 |  | 5207940 | 30406 | SH |  | SOLE |  | 0 | 0 | 30406 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 |  | 1097399 | 6332 | SH |  | SOLE |  | 0 | 0 | 6332 |
| MARCUS  MILLICHAP INC | COM | 566324109 |  | 216819 | 7945 | SH |  | SOLE |  | 0 | 0 | 7945 |
| MARKEL GROUP INC | COM | 570535104 |  | 849112 | 395 | SH |  | SOLE |  | 0 | 0 | 395 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 879118 | 10345 | SH |  | SOLE |  | 0 | 0 | 10345 |
| MASTEC INC | COM | 576323109 |  | 1312263 | 6037 | SH |  | SOLE |  | 0 | 0 | 6037 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 7403172 | 12968 | SH |  | SOLE |  | 0 | 0 | 12968 |
| MATSON INC | COM | 57686G105 |  | 3639289 | 29456 | SH |  | SOLE |  | 0 | 0 | 29456 |
| MCDONALDS CORP | COM | 580135101 |  | 229223 | 750 | SH |  | SOLE |  | 0 | 0 | 750 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 2649865 | 4718 | SH |  | SOLE |  | 0 | 0 | 4718 |
| MERCK  CO INC | COM | 58933Y105 |  | 1303435 | 12383 | SH |  | SOLE |  | 0 | 0 | 12383 |
| META PLATFORMS INC | CL A | 30303M102 |  | 15197912 | 23024 | SH |  | SOLE |  | 0 | 0 | 23024 |
| METLIFE INC | COM | 59156R108 |  | 2253500 | 28547 | SH |  | SOLE |  | 0 | 0 | 28547 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 2124746 | 1524 | SH |  | SOLE |  | 0 | 0 | 1524 |
| MICROSOFT CORP | COM | 594918104 |  | 14230035 | 29424 | SH |  | SOLE |  | 0 | 0 | 29424 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 |  | 770177 | 48561 | SH |  | SOLE |  | 0 | 0 | 48561 |
| MKS INC. | COM | 55306N104 |  | 1313716 | 8221 | SH |  | SOLE |  | 0 | 0 | 8221 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 511239 | 10952 | SH |  | SOLE |  | 0 | 0 | 10952 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 3836622 | 4233 | SH |  | SOLE |  | 0 | 0 | 4233 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 5444643 | 71014 | SH |  | SOLE |  | 0 | 0 | 71014 |
| MORNINGSTAR INC | COM | 617700109 |  | 1053736 | 4849 | SH |  | SOLE |  | 0 | 0 | 4849 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 1652493 | 4311 | SH |  | SOLE |  | 0 | 0 | 4311 |
| MOVADO GROUP INC | COM | 624580106 |  | 949860 | 46065 | SH |  | SOLE |  | 0 | 0 | 46065 |
| MSA SAFETY INC | COM | 553498106 |  | 1550796 | 9684 | SH |  | SOLE |  | 0 | 0 | 9684 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 1448707 | 17226 | SH |  | SOLE |  | 0 | 0 | 17226 |
| MUELLER INDS INC | COM | 624756102 |  | 2149745 | 18726 | SH |  | SOLE |  | 0 | 0 | 18726 |
| MURPHY USA INC | COM | 626755102 |  | 1229929 | 3048 | SH |  | SOLE |  | 0 | 0 | 3048 |
| MYR GROUP INC DEL | COM | 55405W104 |  | 2428191 | 11113 | SH |  | SOLE |  | 0 | 0 | 11113 |
| NAPCO SEC TECHNOLOGIES INC | COM | 630402105 |  | 1837636 | 44068 | SH |  | SOLE |  | 0 | 0 | 44068 |
| NATIONAL BEVERAGE CORP | COM | 635017106 |  | 1117011 | 35027 | SH |  | SOLE |  | 0 | 0 | 35027 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 1582386 | 19765 | SH |  | SOLE |  | 0 | 0 | 19765 |
| NATIONAL RESH CORP | COM NEW | 637372202 |  | 509925 | 27167 | SH |  | SOLE |  | 0 | 0 | 27167 |
| NATIONAL VISION HLDGS INC | COM | 63845R107 |  | 1331512 | 51569 | SH |  | SOLE |  | 0 | 0 | 51569 |
| NATURAL GROCERS BY VITAMIN C | COM | 63888U108 |  | 486947 | 19439 | SH |  | SOLE |  | 0 | 0 | 19439 |
| NEOGEN CORP | COM | 640491106 |  | 482625 | 69045 | SH |  | SOLE |  | 0 | 0 | 69045 |
| NETAPP INC | COM | 64110D104 |  | 2120168 | 19798 | SH |  | SOLE |  | 0 | 0 | 19798 |
| NETFLIX INC | COM | 64110L106 |  | 5564562 | 59349 | SH |  | SOLE |  | 0 | 0 | 59349 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 |  | 966004 | 6811 | SH |  | SOLE |  | 0 | 0 | 6811 |
| NEWMONT CORP | COM | 651639106 |  | 336195 | 3367 | SH |  | SOLE |  | 0 | 0 | 3367 |
| NEWS CORP NEW | CL A | 65249B109 |  | 855038 | 32735 | SH |  | SOLE |  | 0 | 0 | 32735 |
| NEXSTAR MEDIA GROUP INC | COMMON STOCK | 65336K103 |  | 951898 | 4688 | SH |  | SOLE |  | 0 | 0 | 4688 |
| NNN REIT INC | COM | 637417106 |  | 647911 | 16349 | SH |  | SOLE |  | 0 | 0 | 16349 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 2313912 | 4058 | SH |  | SOLE |  | 0 | 0 | 4058 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 5614484 | 35258 | SH |  | SOLE |  | 0 | 0 | 35258 |
| NUCOR CORP | COM | 670346105 |  | 345467 | 2118 | SH |  | SOLE |  | 0 | 0 | 2118 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 3802206 | 37288 | SH |  | SOLE |  | 0 | 0 | 37288 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 35126902 | 188348 | SH |  | SOLE |  | 0 | 0 | 188348 |
| NVR INC | COM | 62944T105 |  | 889718 | 122 | SH |  | SOLE |  | 0 | 0 | 122 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 259387 | 1195 | SH |  | SOLE |  | 0 | 0 | 1195 |
| OGE ENERGY CORP | COM | 670837103 |  | 631533 | 14790 | SH |  | SOLE |  | 0 | 0 | 14790 |
| OKTA INC | CL A | 679295105 |  | 1611628 | 18638 | SH |  | SOLE |  | 0 | 0 | 18638 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 1484739 | 9469 | SH |  | SOLE |  | 0 | 0 | 9469 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 1195938 | 26972 | SH |  | SOLE |  | 0 | 0 | 26972 |
| OMNICOM GROUP INC | COM | 681919106 |  | 2100550 | 26013 | SH |  | SOLE |  | 0 | 0 | 26013 |
| ONE GAS INC | COM | 68235P108 |  | 1138820 | 14742 | SH |  | SOLE |  | 0 | 0 | 14742 |
| ONEOK INC NEW | COM | 682680103 |  | 1983398 | 26985 | SH |  | SOLE |  | 0 | 0 | 26985 |
| ONTO INNOVATION INC | COM | 683344105 |  | 1048506 | 6642 | SH |  | SOLE |  | 0 | 0 | 6642 |
| OR ROYALTIES INC. | COM SHS | 68390D106 |  | 221329 | 6254 | SH |  | SOLE |  | 0 | 0 | 6254 |
| ORACLE CORP | COM | 68389X105 |  | 4007545 | 20561 | SH |  | SOLE |  | 0 | 0 | 20561 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 4073165 | 44657 | SH |  | SOLE |  | 0 | 0 | 44657 |
| OSHKOSH CORP | COM | 688239201 |  | 296989 | 2364 | SH |  | SOLE |  | 0 | 0 | 2364 |
| OTTER TAIL CORP | COM | 689648103 |  | 935457 | 11576 | SH |  | SOLE |  | 0 | 0 | 11576 |
| OWENS  MINOR INC NEW | COM | 690732102 |  | 331839 | 118514 | SH |  | SOLE |  | 0 | 0 | 118514 |
| PACCAR INC | COM | 693718108 |  | 1358253 | 12403 | SH |  | SOLE |  | 0 | 0 | 12403 |
| PACKAGING CORP AMER | COM | 695156109 |  | 1570854 | 7617 | SH |  | SOLE |  | 0 | 0 | 7617 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 12350248 | 69481 | SH |  | SOLE |  | 0 | 0 | 69481 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 5889979 | 31976 | SH |  | SOLE |  | 0 | 0 | 31976 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 337128 | 6507 | SH |  | SOLE |  | 0 | 0 | 6507 |
| PAR PAC HOLDINGS INC | COM NEW | 69888T207 |  | 1494012 | 42516 | SH |  | SOLE |  | 0 | 0 | 42516 |
| PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 |  | 1135864 | 84766 | SH |  | SOLE |  | 0 | 0 | 84766 |
| PAYCHEX INC | COM | 704326107 |  | 2963571 | 26418 | SH |  | SOLE |  | 0 | 0 | 26418 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 468908 | 8032 | SH |  | SOLE |  | 0 | 0 | 8032 |
| PENSKE AUTOMOTIVE GRP INC | COM | 70959W103 |  | 1110088 | 7013 | SH |  | SOLE |  | 0 | 0 | 7013 |
| PENUMBRA INC | COM | 70975L107 |  | 3583549 | 11526 | SH |  | SOLE |  | 0 | 0 | 11526 |
| PERRIGO CO PLC | SHS | G97822103 |  | 270660 | 19444 | SH |  | SOLE |  | 0 | 0 | 19444 |
| PHOTRONICS INC | COM | 719405102 |  | 2471840 | 77245 | SH |  | SOLE |  | 0 | 0 | 77245 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 953082 | 10745 | SH |  | SOLE |  | 0 | 0 | 10745 |
| PINTEREST INC | CL A | 72352L106 |  | 1079794 | 41707 | SH |  | SOLE |  | 0 | 0 | 41707 |
| PJT PARTNERS INC | COM CL A | 69343T107 |  | 427363 | 2556 | SH |  | SOLE |  | 0 | 0 | 2556 |
| PLEXUS CORP | COM | 729132100 |  | 1033998 | 7034 | SH |  | SOLE |  | 0 | 0 | 7034 |
| POLARIS INC | COM | 731068102 |  | 501826 | 7934 | SH |  | SOLE |  | 0 | 0 | 7934 |
| PRICESMART INC | COM | 741511109 |  | 1043186 | 8504 | SH |  | SOLE |  | 0 | 0 | 8504 |
| PROGRESSIVE CORP | COM | 743315103 |  | 850534 | 3735 | SH |  | SOLE |  | 0 | 0 | 3735 |
| PURE CYCLE CORP | COM NEW | 746228303 |  | 152805 | 13904 | SH |  | SOLE |  | 0 | 0 | 13904 |
| PURE STORAGE INC | CL A | 74624M102 |  | 1723765 | 25724 | SH |  | SOLE |  | 0 | 0 | 25724 |
| QUALCOMM INC | COM | 747525103 |  | 3214201 | 18791 | SH |  | SOLE |  | 0 | 0 | 18791 |
| QUALYS INC | COM | 74758T303 |  | 220215 | 1657 | SH |  | SOLE |  | 0 | 0 | 1657 |
| QUANEX BLDG PRODS CORP | COM | 747619104 |  | 900899 | 58576 | SH |  | SOLE |  | 0 | 0 | 58576 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 2074204 | 11953 | SH |  | SOLE |  | 0 | 0 | 11953 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 1962889 | 5551 | SH |  | SOLE |  | 0 | 0 | 5551 |
| RAMBUS INC DEL | COM | 750917106 |  | 2412940 | 26259 | SH |  | SOLE |  | 0 | 0 | 26259 |
| REALTY INCOME CORP | COM | 756109104 |  | 1387886 | 24621 | SH |  | SOLE |  | 0 | 0 | 24621 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 239947 | 1710 | SH |  | SOLE |  | 0 | 0 | 1710 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 3442540 | 4460 | SH |  | SOLE |  | 0 | 0 | 4460 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 2088543 | 77068 | SH |  | SOLE |  | 0 | 0 | 77068 |
| RELIANCE INC | COM | 759509102 |  | 228785 | 792 | SH |  | SOLE |  | 0 | 0 | 792 |
| RESIDEO TECHNOLOGIES INC | COM | 76118Y104 |  | 1569197 | 44681 | SH |  | SOLE |  | 0 | 0 | 44681 |
| RESMED INC | COM | 761152107 |  | 7987249 | 33160 | SH |  | SOLE |  | 0 | 0 | 33160 |
| RMR GROUP INC | CL A | 74967R106 |  | 687426 | 46136 | SH |  | SOLE |  | 0 | 0 | 46136 |
| ROGERS CORP | COM | 775133101 |  | 1216416 | 13284 | SH |  | SOLE |  | 0 | 0 | 13284 |
| ROLLINS INC | COM | 775711104 |  | 1843454 | 30714 | SH |  | SOLE |  | 0 | 0 | 30714 |
| ROSS STORES INC | COM | 778296103 |  | 1243506 | 6903 | SH |  | SOLE |  | 0 | 0 | 6903 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 1315666 | 4717 | SH |  | SOLE |  | 0 | 0 | 4717 |
| RYDER SYS INC | COM | 783549108 |  | 1169010 | 6108 | SH |  | SOLE |  | 0 | 0 | 6108 |
| S GLOBAL INC | COM | 78409V104 |  | 7157393 | 13696 | SH |  | SOLE |  | 0 | 0 | 13696 |
| SAFETY INS GROUP INC | COM | 78648T100 |  | 1280529 | 16436 | SH |  | SOLE |  | 0 | 0 | 16436 |
| SALESFORCE INC | COM | 79466L302 |  | 5661392 | 21371 | SH |  | SOLE |  | 0 | 0 | 21371 |
| SANGAMO THERAPEUTICS INC | COM | 800677106 |  | 8247 | 19635 | SH |  | SOLE |  | 0 | 0 | 19635 |
| SAREPTA THERAPEUTICS INC | COM | 803607100 |  | 231146 | 10741 | SH |  | SOLE |  | 0 | 0 | 10741 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 264762 | 2650 | SH |  | SOLE |  | 0 | 0 | 2650 |
| SCIENCE APPLICATIONS INTL CO | COM | 808625107 |  | 866179 | 8605 | SH |  | SOLE |  | 0 | 0 | 8605 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 549678 | 1996 | SH |  | SOLE |  | 0 | 0 | 1996 |
| SEI INVTS CO | COM | 784117103 |  | 1833475 | 22354 | SH |  | SOLE |  | 0 | 0 | 22354 |
| SELECT MED HLDGS CORP | COM | 81619Q105 |  | 904528 | 60911 | SH |  | SOLE |  | 0 | 0 | 60911 |
| SENSIENT TECHNOLOGIES CORP | COM | 81725T100 |  | 865655 | 9214 | SH |  | SOLE |  | 0 | 0 | 9214 |
| SERVICE CORP INTL | COM | 817565104 |  | 2502837 | 32100 | SH |  | SOLE |  | 0 | 0 | 32100 |
| SERVICENOW INC | COM | 81762P102 |  | 4448025 | 29036 | SH |  | SOLE |  | 0 | 0 | 29036 |
| SHELL PLC | SPON ADS | 780259305 |  | 727672 | 9903 | SH |  | SOLE |  | 0 | 0 | 9903 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2121424 | 6547 | SH |  | SOLE |  | 0 | 0 | 6547 |
| SHUTTERSTOCK INC | COM | 825690100 |  | 868267 | 45459 | SH |  | SOLE |  | 0 | 0 | 45459 |
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 |  | 362492 | 25438 | SH |  | SOLE |  | 0 | 0 | 25438 |
| SIGA TECHNOLOGIES INC | COM | 826917106 |  | 173921 | 28465 | SH |  | SOLE |  | 0 | 0 | 28465 |
| SILICON LABORATORIES INC | COM | 826919102 |  | 1607087 | 12296 | SH |  | SOLE |  | 0 | 0 | 12296 |
| SIMMONS 1ST NATL CORP | CL A $1 PAR | 828730200 |  | 1333317 | 70733 | SH |  | SOLE |  | 0 | 0 | 70733 |
| SIMPSON MFG INC | COM | 829073105 |  | 245919 | 1523 | SH |  | SOLE |  | 0 | 0 | 1523 |
| SMITH A O CORP | COM | 831865209 |  | 583461 | 8724 | SH |  | SOLE |  | 0 | 0 | 8724 |
| SNOWFLAKE INC | COM SHS | 833445109 |  | 2883268 | 13144 | SH |  | SOLE |  | 0 | 0 | 13144 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 4736888 | 59779 | SH |  | SOLE |  | 0 | 0 | 59779 |
| SONOCO PRODS CO | COM | 835495102 |  | 532452 | 12201 | SH |  | SOLE |  | 0 | 0 | 12201 |
| SOUTHERN CO | COM | 842587107 |  | 2249237 | 25794 | SH |  | SOLE |  | 0 | 0 | 25794 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 3274313 | 8262 | SH |  | SOLE |  | 0 | 0 | 8262 |
| SPS COMM INC | COM | 78463M107 |  | 794950 | 8919 | SH |  | SOLE |  | 0 | 0 | 8919 |
| STAAR SURGICAL CO | COM PAR $0.01 | 852312305 |  | 469120 | 20317 | SH |  | SOLE |  | 0 | 0 | 20317 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 312127 | 1842 | SH |  | SOLE |  | 0 | 0 | 1842 |
| STRATEGIC ED INC | COM | 86272C103 |  | 1055512 | 13161 | SH |  | SOLE |  | 0 | 0 | 13161 |
| STRYKER CORPORATION | COM | 863667101 |  | 3797282 | 10804 | SH |  | SOLE |  | 0 | 0 | 10804 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 335722 | 4024 | SH |  | SOLE |  | 0 | 0 | 4024 |
| SYNOPSYS INC | COM | 871607107 |  | 1881698 | 4006 | SH |  | SOLE |  | 0 | 0 | 4006 |
| TAPESTRY INC | COM | 876030107 |  | 372833 | 2918 | SH |  | SOLE |  | 0 | 0 | 2918 |
| TARGET CORP | COM | 87612E106 |  | 1168992 | 11959 | SH |  | SOLE |  | 0 | 0 | 11959 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 1192225 | 7936 | SH |  | SOLE |  | 0 | 0 | 7936 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 324202 | 1425 | SH |  | SOLE |  | 0 | 0 | 1425 |
| TECNOGLASS INC | ORD SHS | G87264100 |  | 526750 | 10468 | SH |  | SOLE |  | 0 | 0 | 10468 |
| TEEKAY TANKERS LTD | CL A | G8726X106 |  | 1048261 | 19623 | SH |  | SOLE |  | 0 | 0 | 19623 |
| TEGNA INC | COM | 87901J105 |  | 1273432 | 65607 | SH |  | SOLE |  | 0 | 0 | 65607 |
| TENNANT CO | COM | 880345103 |  | 215941 | 2930 | SH |  | SOLE |  | 0 | 0 | 2930 |
| TERADYNE INC | COM | 880770102 |  | 309309 | 1598 | SH |  | SOLE |  | 0 | 0 | 1598 |
| TESLA INC | COM | 88160R101 |  | 4370379 | 9718 | SH |  | SOLE |  | 0 | 0 | 9718 |
| TEXAS INSTRS INC | COM | 882508104 |  | 2404398 | 13859 | SH |  | SOLE |  | 0 | 0 | 13859 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 1892205 | 6588 | SH |  | SOLE |  | 0 | 0 | 6588 |
| TEXAS ROADHOUSE INC | COM | 882681109 |  | 349098 | 2103 | SH |  | SOLE |  | 0 | 0 | 2103 |
| THE CIGNA GROUP | COM | 125523100 |  | 859543 | 3123 | SH |  | SOLE |  | 0 | 0 | 3123 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 1037295 | 27326 | SH |  | SOLE |  | 0 | 0 | 27326 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 7743770 | 13364 | SH |  | SOLE |  | 0 | 0 | 13364 |
| TIC SOLUTIONS INC | COM | 00510N102 |  | 555130 | 54909 | SH |  | SOLE |  | 0 | 0 | 54909 |
| TIMKEN CO | COM | 887389104 |  | 2510440 | 29840 | SH |  | SOLE |  | 0 | 0 | 29840 |
| TJX COS INC NEW | COM | 872540109 |  | 2213674 | 14411 | SH |  | SOLE |  | 0 | 0 | 14411 |
| T-MOBILE US INC | COM | 872590104 |  | 4318255 | 21268 | SH |  | SOLE |  | 0 | 0 | 21268 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 920617 | 9773 | SH |  | SOLE |  | 0 | 0 | 9773 |
| TOTALENERGIES SE | ACT | F92124100 |  | 740424 | 11318 | SH |  | SOLE |  | 0 | 0 | 11318 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 762054 | 3560 | SH |  | SOLE |  | 0 | 0 | 3560 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 2901030 | 58009 | SH |  | SOLE |  | 0 | 0 | 58009 |
| TRADEWEB MKTS INC | CL A | 892672106 |  | 1568363 | 14584 | SH |  | SOLE |  | 0 | 0 | 14584 |
| TRANSCAT INC | COM | 893529107 |  | 601168 | 10597 | SH |  | SOLE |  | 0 | 0 | 10597 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 1690239 | 1271 | SH |  | SOLE |  | 0 | 0 | 1271 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1207520 | 4163 | SH |  | SOLE |  | 0 | 0 | 4163 |
| TRIMBLE INC | COM | 896239100 |  | 2059273 | 26283 | SH |  | SOLE |  | 0 | 0 | 26283 |
| TRINET GROUP INC | COM | 896288107 |  | 944365 | 15971 | SH |  | SOLE |  | 0 | 0 | 15971 |
| TRIPLE FLAG PRECIOUS METAL | COM | 89679M104 |  | 240945 | 7253 | SH |  | SOLE |  | 0 | 0 | 7253 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 1425171 | 28961 | SH |  | SOLE |  | 0 | 0 | 28961 |
| TURNING PT BRANDS INC | COM | 90041L105 |  | 1300908 | 12001 | SH |  | SOLE |  | 0 | 0 | 12001 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 1952439 | 4301 | SH |  | SOLE |  | 0 | 0 | 4301 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 2016685 | 24681 | SH |  | SOLE |  | 0 | 0 | 24681 |
| UGI CORP NEW | COM | 902681105 |  | 246589 | 6588 | SH |  | SOLE |  | 0 | 0 | 6588 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 3248904 | 5370 | SH |  | SOLE |  | 0 | 0 | 5370 |
| UNITED BANKSHARES INC WEST V | COM | 909907107 |  | 814272 | 21205 | SH |  | SOLE |  | 0 | 0 | 21205 |
| UNITED STS LIME  MINERALS I | COM | 911922102 |  | 4799299 | 40081 | SH |  | SOLE |  | 0 | 0 | 40081 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1542604 | 4673 | SH |  | SOLE |  | 0 | 0 | 4673 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 1339817 | 11473 | SH |  | SOLE |  | 0 | 0 | 11473 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 |  | 1277597 | 5860 | SH |  | SOLE |  | 0 | 0 | 5860 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1599840 | 29982 | SH |  | SOLE |  | 0 | 0 | 29982 |
| VAIL RESORTS INC | COM | 91879Q109 |  | 2055877 | 15481 | SH |  | SOLE |  | 0 | 0 | 15481 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 681680 | 58363 | SH |  | SOLE |  | 0 | 0 | 58363 |
| VALVOLINE INC | COM | 92047W101 |  | 1322840 | 45521 | SH |  | SOLE |  | 0 | 0 | 45521 |
| VANDA PHARMACEUTICALS INC | COM | 921659108 |  | 103388 | 11722 | SH |  | SOLE |  | 0 | 0 | 11722 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 1100878 | 5009 | SH |  | SOLE |  | 0 | 0 | 5009 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 2723852 | 12202 | SH |  | SOLE |  | 0 | 0 | 12202 |
| VERICEL CORP | COM | 92346J108 |  | 1558477 | 43279 | SH |  | SOLE |  | 0 | 0 | 43279 |
| VERISIGN INC | COM | 92343E102 |  | 1523054 | 6269 | SH |  | SOLE |  | 0 | 0 | 6269 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 1304336 | 5831 | SH |  | SOLE |  | 0 | 0 | 5831 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 5097156 | 125145 | SH |  | SOLE |  | 0 | 0 | 125145 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 3810491 | 8405 | SH |  | SOLE |  | 0 | 0 | 8405 |
| VICI PPTYS INC | COM | 925652109 |  | 5074142 | 180446 | SH |  | SOLE |  | 0 | 0 | 180446 |
| VISA INC | COM CL A | 92826C839 |  | 7240057 | 20644 | SH |  | SOLE |  | 0 | 0 | 20644 |
| WALMART INC | COM | 931142103 |  | 5103915 | 45812 | SH |  | SOLE |  | 0 | 0 | 45812 |
| WASHINGTON TR BANCORP INC | COM | 940610108 |  | 1045509 | 35381 | SH |  | SOLE |  | 0 | 0 | 35381 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 585527 | 3339 | SH |  | SOLE |  | 0 | 0 | 3339 |
| WATTS WATER TECHNOLOGIES INC | CL A | 942749102 |  | 1035351 | 3751 | SH |  | SOLE |  | 0 | 0 | 3751 |
| WEIS MKTS INC | COM | 948849104 |  | 1592060 | 24841 | SH |  | SOLE |  | 0 | 0 | 24841 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 1452739 | 5280 | SH |  | SOLE |  | 0 | 0 | 5280 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 214944 | 1829 | SH |  | SOLE |  | 0 | 0 | 1829 |
| WHIRLPOOL CORP | COM | 963320106 |  | 295125 | 4091 | SH |  | SOLE |  | 0 | 0 | 4091 |
| WILLIAMS COS INC | COM | 969457100 |  | 4386828 | 72980 | SH |  | SOLE |  | 0 | 0 | 72980 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 255562 | 1431 | SH |  | SOLE |  | 0 | 0 | 1431 |
| WINNEBAGO INDS INC | COM | 974637100 |  | 841681 | 20772 | SH |  | SOLE |  | 0 | 0 | 20772 |
| WORKDAY INC | CL A | 98138H101 |  | 2051149 | 9550 | SH |  | SOLE |  | 0 | 0 | 9550 |
| WW GRAINGER INC | COM | 384802104 |  | 1814272 | 1798 | SH |  | SOLE |  | 0 | 0 | 1798 |
| XENCOR INC | COM | 98401F105 |  | 627144 | 40963 | SH |  | SOLE |  | 0 | 0 | 40963 |
| ZEBRA TECHNOLOGIES CORPORATI | CL A | 989207105 |  | 2405132 | 9905 | SH |  | SOLE |  | 0 | 0 | 9905 |
| ZSCALER INC | COM | 98980G102 |  | 2057568 | 9148 | SH |  | SOLE |  | 0 | 0 | 9148 |

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