# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-25-002163
**Filing Date:** 2025-11
**Character Count:** 72569
**Document Hash:** dd6adbb9d8895dc4910834e0d72caafd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-25-002163.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001004726-25-002163

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**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:** 251520069

**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:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $370716194.09

**Total Liabilities:** $12046686.40

**Net Assets:** $358669507.69

**Cash Not Reported:** $888528.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243212 | 2.98%                | 7.78%                | 0.27%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $898159.05               | $7271383.80                                |
| Month 2  | $2121719.44              | $21253319.64                               |
| Month 3  | $12703120.19             | $-12241049.06                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| RILEY EXPLORATION PERMIAN, INC.                  | RILEY EXPLORATION PERMIAN INC          | CUSIP: 76665T102<br>LEI: 5493008CUBI02XP43Q95 | Long             | EC               | CORP              | US        |     18725 | NS      | $507634.75    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEGRAL AD SCIENCE HOLDING CORP.                | INTEGRAL AD SCIENCE HOLDING CORP       | CUSIP: 45828L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82106 | NS      | $835018.02    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| LIVERAMP HOLDINGS, INC.                          | LIVERAMP HOLDINGS INC                  | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     70707 | NS      | $1918987.98   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MIMEDX GROUP, INC.                               | MIMEDX GROUP INC                       | CUSIP: 602496101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50797 | NS      | $354563.06    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DROPBOX, INC.                                    | DROPBOX INC                            | CUSIP: 26210C104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    116039 | NS      | $3505538.19   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Tactile Systems Technology Inc                   | TACTILE SYSTEMS TECHNOLOGY INC         | CUSIP: 87357P100<br>LEI: 54930069VDTITHOTKJ98 | Long             | EC               | CORP              | US        |     26449 | NS      | $366054.16    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLBY LABORATORIES, INC.                         | DOLBY LABORATORIES INC                 | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |     29836 | NS      | $2159231.32   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corporation                            | NEWMARKET CORP                         | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |      2505 | NS      | $2074666.05   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CACTUS, INC.                                     | CACTUS INC                             | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     54392 | NS      | $2146852.24   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ETSY, INC.                                       | ETSY INC                               | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |     43169 | NS      | $2865989.91   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| SPOK HOLDINGS, INC.                              | SPOK HOLDINGS INC                      | CUSIP: 84863T106<br>LEI: 549300HXXANIVN2ICC89 | Long             | EC               | CORP              | US        |     20555 | NS      | $354573.75    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HARMONY BIOSCIENCES HOLDINGS, INC.               | HARMONY BIOSCIENCES HOLDINGS INC       | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    108657 | NS      | $2994586.92   | 0.83%             |  |  |  | No            |                  1 | On Loan: —       |
| HELIX ENERGY SOLUTIONS GROUP, INC.               | HELIX ENERGY SOLUTIONS GROUP INC       | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |    215816 | NS      | $1415752.96   | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| SFL CORPORATION LTD.                             | SFL CORP LTD                           | CUSIP: G7738W106<br>LEI: 549300RLYYPSB0C7RH77 | Long             | EC               | CORP              | BM        |    135631 | NS      | $1021301.43   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| WORLD KINECT CORPORATION                         | WORLD KINECT CORP                      | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |     98599 | NS      | $2558644.05   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GAP, INC.                                    | GAP INC                                | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |    102660 | NS      | $2195897.40   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| LIQUIDITY SERVICES, INC.                         | LIQUIDITY SERVICES INC                 | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |     15154 | NS      | $415674.22    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA PHARMACEUTICALS INC.                      | ACADIA PHARMACEUTICALS INC             | CUSIP: 004225108<br>LEI: 529900O3044NO0PEA039 | Long             | EC               | CORP              | US        |     66596 | NS      | $1421158.64   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ARRAY TECHNOLOGIES, INC.                         | ARRAY TECHNOLOGIES INC                 | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |    165989 | NS      | $1352810.35   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| MATTEL, INC.                                     | MATTEL INC                             | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |    122606 | NS      | $2063458.98   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Honest Company Inc                               | HONEST CO INC THE                      | CUSIP: 438333106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    163753 | NS      | $602611.04    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PROGRESS SOFTWARE CORPORATION                    | PROGRESS SOFTWARE CORPORATION          | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |     36017 | NS      | $1582226.81   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                       | MSILF GOVERNMENT-INST                  | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2968715 | NS      | $2968715.11   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ANI PHARMACEUTICALS, INC.                        | ANI PHARMACEUTICALS INC                | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |     13674 | NS      | $1252538.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Mediaalpha Inc                                   | MEDIAALPHA INC                         | CUSIP: 58450V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28163 | NS      | $320494.94    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical, Inc.                   | COLLEGIUM PHARMACEUTICAL INC           | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |     72963 | NS      | $2552975.37   | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| YETI HOLDINGS, INC.                              | YETI HOLDINGS INC                      | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     41324 | NS      | $1371130.32   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| A10 NETWORKS, INC.                               | A10 NETWORKS INC                       | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |     50694 | NS      | $920096.10    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKBAUD, INC.                                  | BLACKBAUD INC                          | CUSIP: 09227Q100<br>LEI: 54930056X3HKFMNG3754 | Long             | EC               | CORP              | US        |     22440 | NS      | $1443116.40   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Expensify Inc                                    | EXPENSIFY INC                          | CUSIP: 30219Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    185054 | NS      | $342349.90    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTERO RESOURCES CORPORATION                     | ANTERO RESOURCES CORP                  | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     92116 | NS      | $3091412.96   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERCE.COM, INC.                               | COMMERCE COM INC                       | CUSIP: 08975P108<br>LEI: 549300MOVEFQ78DMPG58 | Long             | EC               | CORP              | US        |     77833 | NS      | $388386.67    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| RING ENERGY INC.                                 | RING ENERGY INC                        | CUSIP: 76680V108<br>LEI: 549300HMY6TJ265I8S64 | Long             | EC               | CORP              | US        |    355591 | NS      | $387594.19    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| YELP INC.                                        | YELP INC                               | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |    125453 | NS      | $3914133.60   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH CORP.                                        | PVH CORP                               | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     32068 | NS      | $2686336.36   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| RAPID7, INC.                                     | RAPID7 INC                             | CUSIP: 753422104<br>LEI: 549300GNVG5D60KEYN14 | Long             | EC               | CORP              | US        |     81524 | NS      | $1528575.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| WEATHERFORD INTERNATIONAL PUBLIC LIMITED COMPANY | WEATHERFORD INTERNATIONAL PLC          | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |     42848 | NS      | $2932088.64   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| MANNKIND CORPORATION                             | MANNKIND CORP                          | CUSIP: 56400P706<br>LEI: 213800GFBCNY1ZFST722 | Long             | EC               | CORP              | US        |    284056 | NS      | $1525380.72   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATTEC SECURITY CORPORATION                    | STRATTEC STRATEGY CORP                 | CUSIP: 863111100<br>LEI: 549300Z394OP8S8TSR40 | Long             | EC               | CORP              | US        |     10621 | NS      | $722865.26    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MILLER INDUSTRIES, INC.                          | MILLER INDUSTRIES INC TN               | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |      9050 | NS      | $365801.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| RANGER ENERGY SERVICES, INC.                     | RANGER ENERGY SERVICES INC             | CUSIP: 75282U104<br>LEI: 549300J7RIVGVAN0RE23 | Long             | EC               | CORP              | US        |     25908 | NS      | $363748.32    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INGREDION INCORPORATED                           | INGREDION INC                          | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     17451 | NS      | $2130941.61   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CROCS, INC.                                      | CROCS INC                              | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     49871 | NS      | $4166722.05   | 1.16%             |  |  |  | No            |                  1 | On Loan: —       |
| BERRY CORPORATION (BRY)                          | BERRY CORP                             | CUSIP: 08579X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110240 | NS      | $416707.20    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Symbotic Inc                                     | SYMBOTIC INC                           | CUSIP: 87151X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47057 | NS      | $2536372.30   | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| H & R BLOCK, INC.                                | H R BLOCK INC                          | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     54735 | NS      | $2767948.95   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Definitive Healthcare Corp                       | DEFINITIVE HEALTHCARE CORP             | CUSIP: 24477E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     87820 | NS      | $356549.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HYSTER-YALE, INC.                                | HYSTER YALE INC                        | CUSIP: 449172105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9812 | NS      | $361670.32    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HALOZYME THERAPEUTICS, INC.                      | HALOZYME THERAPEUTICS INC              | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     38263 | NS      | $2806208.42   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| VITAL ENERGY, INC.                               | VITAL ENERGY INC                       | CUSIP: 516806205<br>LEI: 549300X0PTWU2QSLSL14 | Long             | EC               | CORP              | US        |    105059 | NS      | $1774446.51   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BILL HOLDINGS, INC.                              | BILL HOLDINGS INC                      | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |     37591 | NS      | $1991195.27   | 0.56%             |  |  |  | No            |                  1 | On Loan: —       |
| Sprinklr Inc                                     | SPRINKLR INC                           | CUSIP: 85208T107<br>LEI: 254900AR04RJ2BQO5S78 | Long             | EC               | CORP              | US        |    176985 | NS      | $1366324.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED THERAPEUTICS CORPORATION                  | UNITED THERAPEUTICS CORP               | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      7000 | NS      | $2934470.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CORMEDIX INC.                                    | CORMEDIX INC                           | CUSIP: 21900C308<br>LEI: 5299006YIA3L0MBW8358 | Long             | EC               | CORP              | US        |    227639 | NS      | $2647441.57   | 0.74%             |  |  |  | No            |                  1 | On Loan: —       |
| AMERESCO, INC.                                   | AMERESCO INC                           | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |     38768 | NS      | $1301829.44   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| UPBOUND GROUP, INC.                              | UPBOUND GROUP INC                      | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |     68367 | NS      | $1615512.21   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC THERAPEUTICS, INC.                           | PTC THERAPEUTICS INC                   | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |     55323 | NS      | $3395172.51   | 0.95%             |  |  |  | No            |                  1 | On Loan: —       |
| MATCH GROUP, INC.                                | MATCH GROUP INC                        | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |     86265 | NS      | $3046879.80   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| TURTLE BEACH CORPORATION                         | TURTLE BEACH CORP                      | CUSIP: 900450206<br>LEI: 549300SZRV8U8PXSYI20 | Long             | EC               | CORP              | US        |     23935 | NS      | $380566.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HOLDINGS, INC.              | ALLISON TRANSMISSION HOLDING INC       | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     31262 | NS      | $2653518.56   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTERO MIDSTREAM CORPORATION                     | ANTERO MIDSTREAM CORP                  | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    131740 | NS      | $2561025.60   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| APA CORPORATION                                  | APA CORP                               | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    160220 | NS      | $3890141.60   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CAL-MAINE FOODS, INC.                            | CAL MAINE FOODS INC                    | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |     18682 | NS      | $1757976.20   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| TAYLOR MORRISON HOME CORPORATION                 | TAYLOR MORRISON HOME CORP              | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     38877 | NS      | $2566270.77   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| RIMINI STREET, INC.                              | RIMINI STREET INC                      | CUSIP: 76674Q107<br>LEI: 54930042ITIRGVM4HY55 | Long             | EC               | CORP              | US        |     78164 | NS      | $365807.52    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DENNY'S CORPORATION                              | DENNY S CORP                           | CUSIP: 24869P104<br>LEI: 54930037V56XOULXM917 | Long             | EC               | CORP              | US        |     69217 | NS      | $362004.91    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VERINT SYSTEMS INC.                              | VERINT SYSTEMS INC                     | CUSIP: 92343X100<br>LEI: 549300KEQJS5FRVUCO94 | Long             | EC               | CORP              | US        |     83068 | NS      | $1682127.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGIC EDUCATION, INC.                        | STRATEGIC EDUCATION INC                | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |     15042 | NS      | $1293762.42   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| STAGWELL INC.                                    | STAGWELL INC                           | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |    109897 | NS      | $618720.11    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TIDEWATER INC.                                   | TIDEWATER INC                          | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |     54240 | NS      | $2892619.20   | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |
| ZIFF DAVIS, INC.                                 | ZIFF DAVIS INC                         | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |     94854 | NS      | $3613937.40   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TENNANT COMPANY                                  | TENNANT CO                             | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |     12884 | NS      | $1044377.04   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM SYSTEMS, INC.                               | EPAM SYSTEMS INC                       | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |     14123 | NS      | $2129607.17   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PAGERDUTY, INC.                                  | PAGERDUTY INC                          | CUSIP: 69553P100<br>LEI: 549300U1SB749EDAGH21 | Long             | EC               | CORP              | US        |    108110 | NS      | $1785977.20   | 0.50%             |  |  |  | No            |                  1 | On Loan: —       |
| FORUM ENERGY TECHNOLOGIES, INC.                  | FORUM ENERGY TECHNOLOGIES              | CUSIP: 34984V209<br>LEI: 549300SF93HLCR1REE27 | Long             | EC               | CORP              | US        |     13184 | NS      | $352144.64    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X, INC.                                        | V2X INC                                | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22206 | NS      | $1289946.54   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| RCI HOSPITALITY HOLDINGS, INC.                   | RCI HOSPITALITY HOLDINGS INC           | CUSIP: 74934Q108<br>LEI: 529900COXP1MLE1UKG69 | Long             | EC               | CORP              | US        |     10328 | NS      | $315107.28    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ESPERION THERAPEUTICS, INC.                      | ESPERION THERAPEUTICS INC NE           | CUSIP: 29664W105<br>LEI: 549300OFU56UKEWVUS92 | Long             | EC               | CORP              | US        |    404178 | NS      | $1071071.70   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEAR SECURE, INC.                               | CLEAR SECURE INC                       | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85879 | NS      | $2866641.02   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MATADOR RESOURCES COMPANY                        | MATADOR RESOURCES CO                   | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     61723 | NS      | $2773214.39   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CORECIVIC, INC.                                  | CORECIVIC INC                          | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |     80132 | NS      | $1630686.20   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Karat Packaging Inc                              | KARAT PACKAGING INC                    | CUSIP: 48563L101<br>LEI: 549300JYUKCQP3P8D632 | Long             | EC               | CORP              | US        |     14651 | NS      | $369351.71    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EverQuote Inc                                    | EVERQUOTE INC                          | CUSIP: 30041R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57676 | NS      | $1319050.12   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CHORD ENERGY CORPORATION                         | CHORD ENERGY CORP                      | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     42904 | NS      | $4263370.48   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL SEAWAYS, INC.                      | INTERNATIONAL SEAWAYS INC              | CUSIP: Y41053102<br>LEI: 549300YUFDGFRNGBWF46 | Long             | EC               | CORP              | MH        |     50318 | NS      | $2318653.44   | 0.65%             |  |  |  | No            |                  1 | On Loan: —       |
| CARGURUS, INC.                                   | CARGURUS INC                           | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |     44683 | NS      | $1663548.09   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CRESCENT ENERGY COMPANY                          | CRESCENT ENERGY INC                    | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    658916 | NS      | $5877530.72   | 1.64%             |  |  |  | No            |                  1 | On Loan: —       |
| European Wax Center Inc                          | EUROPEAN WAX CENTER INC                | CUSIP: 29882P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92761 | NS      | $370116.39    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN FERRY                                       | KORN FERRY                             | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     25548 | NS      | $1787849.04   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTANGO ORE, INC.                               | CONTANGO ORE INC                       | CUSIP: 21077F100<br>LEI: 254900PFYX4KDRISX581 | Long             | EC               | CORP              | US        |     16049 | NS      | $400101.57    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PC CONNECTION, INC.                              | PC CONNECTION INC                      | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |      8572 | NS      | $531378.28    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MUELLER INDUSTRIES, INC.                         | MUELLER INDUSTRIES INC                 | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     22450 | NS      | $2269919.50   | 0.63%             |  |  |  | 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        |     54065 | NS      | $554706.90    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LANTHEUS HOLDINGS, INC.                          | LANTHEUS HOLDINGS INC                  | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     52168 | NS      | $2675696.72   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Yext Inc                                         | YEXT INC                               | CUSIP: 98585N106<br>LEI: 5299008ZQSBBVH7K0589 | Long             | EC               | CORP              | US        |     81260 | NS      | $692335.20    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| EPLUS INC.                                       | EPLUS INC                              | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |     23621 | NS      | $1677327.21   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ONTO INNOVATION INC.                             | ONTO INNOVATION INC                    | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     15756 | NS      | $2035990.32   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PELOTON INTERACTIVE, INC.                        | PELOTON INTERACTIVE INC A              | CUSIP: 70614W100<br>LEI: 5493002YS021166W0339 | Long             | EC               | CORP              | US        |    241987 | NS      | $2177883.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: —       |
| INNOVEX INTERNATIONAL, INC.                      | INNOVEX INTERNATIONAL INC              | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |     61739 | NS      | $1144641.06   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| GIBRALTAR INDUSTRIES, INC.                       | GIBRALTAR INDUSTRIES INC               | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17727 | NS      | $1113255.60   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| GETTY IMAGES HOLDINGS, INC.                      | GETTY IMAGES HOLDINGS INC              | CUSIP: 374275105<br>LEI: 984500DDFF103E90DC29 | Long             | EC               | CORP              | US        |    185054 | NS      | $366406.92    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| UNIVERSAL CORPORATION                            | UNIVERSAL CORP                         | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |     39847 | NS      | $2226251.89   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TEREX CORPORATION                                | TEREX CORPORATION                      | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |     36086 | NS      | $1851211.80   | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| Freshworks Inc                                   | FRESHWORKS INC                         | CUSIP: 358054104<br>LEI: 254900ULRGCUEIK0K191 | Long             | EC               | CORP              | US        |    147294 | NS      | $1733650.38   | 0.48%             |  |  |  | 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        |   2968715 | NS      | $2968715.12   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN OIL AND GAS, INC.                       | NORTHERN OIL AND GAS INC               | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     78977 | NS      | $1958629.60   | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| ZOOMINFO TECHNOLOGIES INC.                       | ZOOMINFO TECHNOLOGIES INC A            | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |    219712 | NS      | $2397057.92   | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| QuinStreet Inc                                   | QUINSTREET INC                         | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |     55293 | NS      | $855382.71    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| DMC GLOBAL INC.                                  | DMC GLOBAL INC                         | CUSIP: 23291C103<br>LEI: 549300CBDXD1Z5MRNG02 | Long             | EC               | CORP              | US        |     51597 | NS      | $435994.65    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIPADVISOR, INC.                                | TRIPADVISOR INC                        | CUSIP: 896945201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    134015 | NS      | $2179083.90   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ANDERSONS, INC                               | THE ANDERSONS INC                      | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |     26021 | NS      | $1035896.01   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GIGACLOUD TECHNOLOGY INC                         | GIGACLOUD TECHNOLOGY INC               | CUSIP: G38644103<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     65204 | NS      | $1851793.60   | 0.52%             |  |  |  | No            |                  1 | On Loan: —       |
| GRID DYNAMICS HOLDINGS, INC.                     | GRID DYNAMICS HOLDINGS INC             | CUSIP: 39813G109<br>LEI: 9845007E77EEC65AZE29 | Long             | EC               | CORP              | US        |     95634 | NS      | $737338.14    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HARMONIC INC.                                    | HARMONIC INC                           | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |     80959 | NS      | $824162.62    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHASTAR PHARMACEUTICALS INC                    | AMPHASTAR PHARMACEUTICALS INC          | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |     46548 | NS      | $1240504.20   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| RINGCENTRAL, INC.                                | RINGCENTRAL INC CLASS A                | CUSIP: 76680R206<br>LEI: 549300C8EH0H1614VE84 | Long             | EC               | CORP              | US        |    129222 | NS      | $3662151.48   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SHUTTERSTOCK, INC.                               | SHUTTERSTOCK INC                       | CUSIP: 825690100<br>LEI: 529900G2TDIS56V0LO22 | Long             | EC               | CORP              | US        |     30299 | NS      | $631734.15    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| OppFi Inc                                        | OPPFI INC                              | CUSIP: 68386H103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    247843 | NS      | $2808061.19   | 0.78%             |  |  |  | No            |                  1 | On Loan: —       |
| WILLSCOT HOLDINGS CORPORATION                    | WILLSCOT HOLDINGS CORP                 | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     93622 | NS      | $1976360.42   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| UIPATH, INC.                                     | UIPATH INC                             | CUSIP: 90364P105<br>LEI: 5493000YP61KBELDHT53 | Long             | EC               | CORP              | US        |    202129 | NS      | $2704486.02   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Limited                                   | AMDOCS LTD                             | CUSIP: G02602103<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |     34487 | NS      | $2829658.35   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| PENGUIN SOLUTIONS, INC.                          | PENGUIN SOLUTIONS INC                  | CUSIP: 706915105<br>LEI: 254900DVWIPOY3GJ8E23 | Long             | EC               | CORP              | US        |     90567 | NS      | $2380100.76   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLSON COORS BEVERAGE COMPANY                    | MOLSON COORS BEVERAGE CO               | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     70746 | NS      | $3201256.50   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutex Health Inc                                 | NUTEX HEALTH INC                       | CUSIP: 67079U306<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15928 | NS      | $1645680.96   | 0.46%             |  |  |  | No            |                  1 | On Loan: —       |
| VISTEON CORPORATION                              | VISTEON CORP                           | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     12400 | NS      | $1486264.00   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTURY ALUMINUM COMPANY                         | CENTURY ALUMINUM CO                    | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               | CORP              | US        |     83713 | NS      | $2457813.68   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL CINEMEDIA, INC.                         | NATIONAL CINEMEDIA INC                 | CUSIP: 635309206<br>LEI: 5493000MOLIVSOGKEB48 | Long             | EC               | CORP              | US        |     76680 | NS      | $345826.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GULFPORT ENERGY CORPORATION                      | GULFPORT ENERGY CORP                   | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |     22480 | NS      | $4068430.40   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCEL ENTERTAINMENT, INC.                        | ACCEL ENTERTAINMENT INC                | CUSIP: 00436Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31820 | NS      | $352247.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ALKERMES PUBLIC LIMITED COMPANY                  | ALKERMES PLC                           | CUSIP: G01767105<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |    123684 | NS      | $3710520.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RUSSELL 2000 MINI INDEX FUTURE DEC2              | RUSSELL 2000 MINI INDEX FUTURE DEC2    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         7 | NC      | $11138.58     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOVENTUS INC.                                   | BIOVENTUS INC                          | CUSIP: 09075A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49817 | NS      | $333275.73    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| REX AMERICAN RESOURCES CORPORATION               | REX AMERICAN RESOURCES CORP            | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19966 | NS      | $611358.92    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA RESOURCES CORPORATION                 | CALIFORNIA RESOURCES CORP              | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |     67460 | NS      | $3587522.80   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENERGY COMPANY                                | SM ENERGY CO                           | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    132431 | NS      | $3306802.07   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV INC.                                         | NOV INC                                | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    240312 | NS      | $3184134.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| I3 VERTICALS, INC.                               | I3 VERTICALS INC                       | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     58488 | NS      | $1898520.48   | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| BIOMARIN PHARMACEUTICAL INC.                     | BIOMARIN PHARMACEUTICAL INC            | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     41476 | NS      | $2246340.16   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| GOODRX HOLDINGS, INC.                            | GOODRX HOLDINGS INC                    | CUSIP: 38246G108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    230636 | NS      | $975590.28    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| IRIDIUM COMMUNICATIONS INC.                      | IRIDIUM COMMUNICATIONS INC             | CUSIP: 46269C102<br>LEI: 549300U620NVQ4J1CT96 | Long             | EC               | CORP              | US        |    108418 | NS      | $1892978.28   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BORGWARNER INC.                                  | BORGWARNER INC                         | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     57008 | NS      | $2506071.68   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PACIRA BIOSCIENCES, INC.                         | PACIRA BIOSCIENCES INC                 | CUSIP: 695127100<br>LEI: 549300P56LERYBDHCF69 | Long             | EC               | CORP              | US        |     89381 | NS      | $2303348.37   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| J.JILL, INC.                                     | J JILL INC                             | CUSIP: 46620W201<br>LEI: 529900I19PJIF8MIDL12 | Long             | EC               | CORP              | US        |     19776 | NS      | $339158.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY      | JAZZ PHARMACEUTICALS PLC               | CUSIP: G50871105<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |     41396 | NS      | $5455992.80   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| KB HOME                                          | KB HOME                                | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     27884 | NS      | $1774537.76   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CONMED CORPORATION                               | CONMED CORPORATION                     | CUSIP: 207410101<br>LEI: Z6C0YCECH9DCU5ZIQW84 | Long             | EC               | CORP              | US        |     26493 | NS      | $1245965.79   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CIVITAS RESOURCES, INC.                          | CIVITAS RESOURCES INC                  | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |    119124 | NS      | $3871530.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: —       |
| KELLY SERVICES, INC.                             | KELLY SERVICES INC A                   | CUSIP: 488152208<br>LEI: 25490035B2ZPL6RM1974 | Long             | EC               | CORP              | US        |     50192 | NS      | $658519.04    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ibex Ltd                                         | IBEX LTD                               | CUSIP: G4690M101<br>LEI: 5493000GRFLPVYU2CX17 | Long             | EC               | CORP              | BM        |     11913 | NS      | $482714.76    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GARRETT MOTION INC.                              | GARRETT MOTION INC                     | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | US        |    219445 | NS      | $2988840.90   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRRUS LOGIC, INC.                               | CIRRUS LOGIC INC                       | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |     18346 | NS      | $2298570.34   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| TUTOR PERINI CORPORATION                         | TUTOR PERINI CORP                      | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |     62776 | NS      | $4117477.84   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGI INTERNATIONAL INC.                          | DIGI INTERNATIONAL INCORPORATED        | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     12691 | NS      | $462713.86    | 0.13%             |  |  |  | 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        |   2968715 | NS      | $2968715.11   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| AMICUS THERAPEUTICS, INC.                        | AMICUS THERAPEUTICS INC                | CUSIP: 03152W109<br>LEI: 549300MRD1SMUTNBPQ53 | Long             | EC               | CORP              | US        |    240175 | NS      | $1892579.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI CORPORATION                                  | HNI CORP                               | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |     37539 | NS      | $1758702.15   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny Inc                                      | PROGYNY INC                            | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     96638 | NS      | $2079649.76   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSCOUT SYSTEMS, INC.                           | NETSCOUT SYSTEMS INC                   | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |    117451 | NS      | $3033759.33   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| UPWORK INC.                                      | UPWORK INC                             | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |    143946 | NS      | $2673077.22   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| HEIDRICK & STRUGGLES INTERNATIONAL, INC.         | HEIDRICK STRUGGLES INTERNATIONAL INC   | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |     13427 | NS      | $668261.79    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCENTRIX CORPORATION                           | CONCENTRIX CORP                        | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     52881 | NS      | $2440458.15   | 0.68%             |  |  |  | No            |                  1 | On Loan: —       |
| JAMF HOLDING CORP.                               | JAMF HOLDING CORP                      | CUSIP: 47074L105<br>LEI: 254900IHLXZU4Z5ANA12 | Long             | EC               | CORP              | US        |     97409 | NS      | $1042276.30   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| LYFT, INC.                                       | LYFT INC                               | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |    314871 | NS      | $6930310.71   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEFLEX INCORPORATED                            | TELEFLEX INC                           | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |     17541 | NS      | $2146316.76   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| PERMIAN RESOURCES CORPORATION                    | PERMIAN RESOURCES CORP COM             | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    344711 | NS      | $4412300.80   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ONESPAN INC.                                     | ONESPAN INC                            | CUSIP: 68287N100<br>LEI: 984500E502E6DC354D26 | Long             | EC               | CORP              | US        |     38412 | NS      | $610366.68    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO            | INVESCO GVT & AGNCY-INST               | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2968715 | NS      | $2968715.11   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGALZOOM.COM, INC.                              | LEGALZOOM COM INC                      | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |    182046 | NS      | $1889637.48   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Inspire Medical Systems Inc                      | INSPIRE MEDICAL SYSTEM INC             | CUSIP: 457730109<br>LEI: 549300XQQCQ7HCJKTW25 | Long             | EC               | CORP              | US        |     16141 | NS      | $1197662.20   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BOX, INC.                                        | BOX INC CLASS A                        | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     54843 | NS      | $1769783.61   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc                                    | MAPLEBEAR INC                          | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68971 | NS      | $2535373.96   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNOLIA OIL & GAS CORPORATION                   | MAGNOLIA OIL GAS CORP                  | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121151 | NS      | $2891874.37   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| PHINIA INC.                                      | PHINIA INC                             | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |     28291 | NS      | $1626166.68   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PERRIGO COMPANY PUBLIC LIMITED COMPANY           | PERRIGO CO PLC                         | CUSIP: G97822103<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | IE        |     90641 | NS      | $2018575.07   | 0.56%             |  |  |  | No            |                  1 | On Loan: —       |
| Dorian LPG Ltd.                                  | DORIAN LPG LTD                         | CUSIP: Y2106R110<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | MH        |     75223 | NS      | $2241645.40   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BANDWIDTH INC.                                   | BANDWIDTH INC                          | CUSIP: 05988J103<br>LEI: 549300QC70JB7MUGXM66 | Long             | EC               | CORP              | US        |     22117 | NS      | $368690.39    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ENPHASE ENERGY, INC.                             | ENPHASE ENERGY INC                     | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |     47181 | NS      | $1669735.59   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGA TECHNOLOGIES, INC.                          | SIGA TECHNOLOGIES INC                  | CUSIP: 826917106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51201 | NS      | $468489.15    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Udemy Inc                                        | UDEMY INC                              | CUSIP: 902685106<br>LEI: 2549000T304QU9SAM180 | Long             | EC               | CORP              | US        |    195614 | NS      | $1371254.14   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW INC.                                        | DNOW INC                               | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |    160588 | NS      | $2448967.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MESA LABORATORIES, INC.                          | MESA LABORATORIES INC                  | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Long             | EC               | CORP              | US        |      9840 | NS      | $659378.40    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MAYVILLE ENGINEERING COMPANY, INC                | MAYVILLE ENGINEERING CO INC            | CUSIP: 578605107<br>LEI: 9845008D43E42A7FC362 | Long             | EC               | CORP              | US        |     24942 | NS      | $343201.92    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMRUSH HOLDINGS, INC.                           | SEMRUSH HOLDINGS INC                   | CUSIP: 81686C104<br>LEI: 254900WQEX0OLGK16D27 | Long             | EC               | CORP              | US        |     64651 | NS      | $457729.08    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MITEK SYSTEMS, INC.                              | MITEK SYSTEMS INC                      | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |     34674 | NS      | $338764.98    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Coursera Inc                                     | COURSERA INC                           | CUSIP: 22266M104<br>LEI: 984500573CA1QB7DAC30 | Long             | EC               | CORP              | US        |    124040 | NS      | $1452508.40   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GENIE ENERGY LTD.                                | GENIE ENERGY LTD                       | CUSIP: 372284208<br>LEI: 52990057E36X8869GX58 | Long             | EC               | CORP              | US        |     35523 | NS      | $531068.85    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VIMEO, INC.                                      | VIMEO INC                              | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |     55300 | NS      | $428575.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE NATURAL RESOURCES, INC.                     | CORE NATURAL RESOURCES INC             | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |     73095 | NS      | $6101970.60   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGI INC.                                        | ANGI INC                               | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |     86636 | NS      | $1408701.36   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| HELMERICH & PAYNE, INC.                          | HELMERICH PAYNE INC                    | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |     90661 | NS      | $2002701.49   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| OIL STATES INTERNATIONAL, INC.                   | OIL STATES INTERNATIONAL INC           | CUSIP: 678026105<br>LEI: 5493004TF4KQJGMYL777 | Long             | EC               | CORP              | US        |     83650 | NS      | $506919.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANKLIN COVEY CO.                               | FRANKLIN COVEY CO                      | CUSIP: 353469109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18609 | NS      | $361200.69    | 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        |     18627 | NS      | $328952.82    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLETE, INC.                                     | ALLETE INC                             | CUSIP: 018522300<br>LEI: 549300NNLSIMY6Z8OT86 | Long             | EC               | CORP              | US        |     30108 | NS      | $1999171.20   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Country Airlines Holdings Inc                | SUN COUNTRY AIRLINES HOLDINGS INC      | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |     89491 | NS      | $1056888.71   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleVerify Holdings Inc                        | DOUBLEVERIFY HOLDINGS INC              | CUSIP: 25862V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    106662 | NS      | $1277810.76   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MONARCH CASINO & RESORT, INC.                    | MONARCH CASINO RESORT INC              | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |      8223 | NS      | $870322.32    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ABERCROMBIE & FITCH CO.                          | ABERCROMBIE FITCH CO                   | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     29907 | NS      | $2558543.85   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CATALYST PHARMACEUTICALS, INC.                   | CATALYST PHARMACEUTICALS INC           | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |    174282 | NS      | $3433355.40   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP, INC.                    | ASBURY AUTOMOTIVE GROUP INC            | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |     11540 | NS      | $2820953.00   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN PUBLIC EDUCATION, INC.                  | AMERICAN PUBLIC EDUCATION INC          | CUSIP: 02913V103<br>LEI: 254900GZNX6TJQGM4S17 | Long             | EC               | CORP              | US        |     22874 | NS      | $902836.78    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| IBOTTA, INC.                                     | IBOTTA INC                             | CUSIP: 451051106<br>LEI: 54930026OZD4IQ7YR615 | Long             | EC               | CORP              | US        |     50250 | NS      | $1399462.50   | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| CARS.COM INC.                                    | CARS COM INC                           | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |    101584 | NS      | $1241356.48   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TENABLE HOLDINGS, INC.                           | TENABLE HOLDINGS INC                   | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |     57499 | NS      | $1676670.84   | 0.47%             |  |  |  | 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        |     55799 | NS      | $1384931.18   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer