# EDGAR Filing Document

**Accession Number:** 0001759395
**File Stem:** 0001420506-25-001636
**Filing Date:** 2025-7
**Character Count:** 50574
**Document Hash:** f1df218541c743159e8f278ce7976e79
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-25-001636.hdr.sgml**: 20250731

**ACCESSION NUMBER**: 0001420506-25-001636

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250731

**DATE AS OF CHANGE**: 20250731

**EFFECTIVENESS DATE**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MQS Management LLC
- **CENTRAL INDEX KEY:** 0001759395

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21859
- **FILM NUMBER:** 251171097

**BUSINESS ADDRESS:**
- **STREET 1:** 41 MADISON AVENUE
- **STREET 2:** 34TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 212-685-3600

**MAIL ADDRESS:**
- **STREET 1:** 41 MADISON AVENUE
- **STREET 2:** 34TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** MQS Management LLC<br>**Address:** 41 MADISON AVENUE<br>34TH FLOOR<br>NEW YORK, NY 10010

**Form 13F File Number:** 028-21859

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 Babcock<br>**Title:** President  Chief Compliance Officer<br>**Phone:** 212-685-3600

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

David Babcock President  Chief Compliance Officer  NEW YORK, NY  07-31-2025<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:** 442

**Form 13F Information Table Value Total:** $181376127

      (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 |
| ABM INDS INC | COM | 000957100 | BBG000B9Z0B6 | 230621 | 4885 | SH |  | SOLE |  | 4885 | 0 | 0 |
| ACI WORLDWIDE INC | COM | 004498101 | BBG000PMBV39 | 226979 | 4944 | SH |  | SOLE |  | 4944 | 0 | 0 |
| ADOBE INC | COM | 00724F101 | BBG000BB5006 | 216266 | 559 | SH |  | SOLE |  | 559 | 0 | 0 |
| AECOM | COM | 00766T100 | BBG000F61TD0 | 1072057 | 9499 | SH |  | SOLE |  | 9499 | 0 | 0 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 | BBG000C06204 | 499205 | 2537 | SH |  | SOLE |  | 2537 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | BBG000DLVGV4 | 951797 | 8003 | SH |  | SOLE |  | 8003 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 | BBG000BC9H21 | 627366 | 8587 | SH |  | SOLE |  | 8587 | 0 | 0 |
| ALARM COM HLDGS INC | COM | 011642105 | BBG007GNPYY7 | 341853 | 6043 | SH |  | SOLE |  | 6043 | 0 | 0 |
| ALKERMES PLC | SHS | G01767105 | BBG000C9F2F9 | 268076 | 9370 | SH |  | SOLE |  | 9370 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 | BBG004T9FH88 | 232610 | 1614 | SH |  | SOLE |  | 1614 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 | BBG000DW4Q75 | 405028 | 6698 | SH |  | SOLE |  | 6698 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 | BBG001KY3881 | 516081 | 5433 | SH |  | SOLE |  | 5433 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JX6 | 903179 | 5125 | SH |  | SOLE |  | 5125 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 | BBG00LNJRTX7 | 489340 | 53247 | SH |  | SOLE |  | 53247 | 0 | 0 |
| AMEREN CORP | COM | 023608102 | BBG000B9XB97 | 534271 | 5563 | SH |  | SOLE |  | 5563 | 0 | 0 |
| AMERICAN ASSETS TR INC | COM | 024013104 | BBG00161BCW4 | 335256 | 16975 | SH |  | SOLE |  | 16975 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 | BBG000B9Y214 | 336392 | 1522 | SH |  | SOLE |  | 1522 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 | BBG000G3QP92 | 625532 | 1172 | SH |  | SOLE |  | 1172 | 0 | 0 |
| AMERISAFE INC | COM | 03071H100 | BBG000Q0JJQ0 | 330030 | 7547 | SH |  | SOLE |  | 7547 | 0 | 0 |
| AMETEK INC | COM | 031100100 | BBG000B9XKF0 | 494926 | 2735 | SH |  | SOLE |  | 2735 | 0 | 0 |
| AMGEN INC | COM | 031162100 | BBG000BBS2Y0 | 202427 | 725 | SH |  | SOLE |  | 725 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 | BBG000BB6G37 | 228261 | 959 | SH |  | SOLE |  | 959 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 | BBG000BJFKR5 | 203350 | 10805 | SH |  | SOLE |  | 10805 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG000B9XRY4 | 654903 | 3192 | SH |  | SOLE |  | 3192 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 | BBG000BBHK72 | 519526 | 2235 | SH |  | SOLE |  | 2235 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | BBG000BBPFB9 | 375110 | 2049 | SH |  | SOLE |  | 2049 | 0 | 0 |
| ARCOSA INC | COM | 039653100 | BBG00JGMWFQ5 | 298976 | 3448 | SH |  | SOLE |  | 3448 | 0 | 0 |
| ARES CAPITAL CORP | COM | 04010L103 | BBG000PD6X77 | 402944 | 18349 | SH |  | SOLE |  | 18349 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 | BBG0068J0HN3 | 305907 | 2990 | SH |  | SOLE |  | 2990 | 0 | 0 |
| ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 | BBG000DW4N45 | 720421 | 4435 | SH |  | SOLE |  | 4435 | 0 | 0 |
| ARTISAN PARTNERS ASSET MGMT | CL A | 04316A108 | BBG001M6D022 | 330126 | 7447 | SH |  | SOLE |  | 7447 | 0 | 0 |
| ASBURY AUTOMOTIVE GROUP INC | COM | 043436104 | BBG000BKDXS5 | 249990 | 1048 | SH |  | SOLE |  | 1048 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 | BBG000K6MRN4 | 540938 | 675 | SH |  | SOLE |  | 675 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 | BBG000BZX2Z0 | 460349 | 2331 | SH |  | SOLE |  | 2331 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 | BBG000BZ0GD9 | 377072 | 5396 | SH |  | SOLE |  | 5396 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 | BBG000BRNJ37 | 381885 | 2478 | SH |  | SOLE |  | 2478 | 0 | 0 |
| ATMUS FILTRATION TECHNOLOGIE | COM | 04956D107 | BBG01FJKMGP3 | 258109 | 7087 | SH |  | SOLE |  | 7087 | 0 | 0 |
| AUTODESK INC | COM | 052769106 | BBG000BM7HL0 | 663718 | 2144 | SH |  | SOLE |  | 2144 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 | BBG000C7MR60 | 631079 | 170 | SH |  | SOLE |  | 170 | 0 | 0 |
| AVEANNA HEALTHCARE HLDGS INC | COM | 05356F105 | BBG00G6D6H96 | 58560 | 11197 | SH |  | SOLE |  | 11197 | 0 | 0 |
| AVISTA CORP | COM | 05379B107 | BBG000BCNHB5 | 224019 | 5903 | SH |  | SOLE |  | 5903 | 0 | 0 |
| AVNET INC | COM | 053807103 | BBG000BCPB71 | 435044 | 8196 | SH |  | SOLE |  | 8196 | 0 | 0 |
| AXALTA COATING SYS LTD | COM | G0750C108 | BBG0070QYRW4 | 303966 | 10238 | SH |  | SOLE |  | 10238 | 0 | 0 |
| AZZ INC | COM | 002474104 | BBG000F83LK3 | 384817 | 4073 | SH |  | SOLE |  | 4073 | 0 | 0 |
| BAIN CAP SPECIALTY FIN INC | COM STK | 05684B107 | BBG00M6PK729 | 288332 | 19171 | SH |  | SOLE |  | 19171 | 0 | 0 |
| BAKER HUGHES COMPANY | CL A | 05722G100 | BBG00GBVBK51 | 492209 | 12838 | SH |  | SOLE |  | 12838 | 0 | 0 |
| BALCHEM CORP | COM | 057665200 | BBG000BCY878 | 261566 | 1643 | SH |  | SOLE |  | 1643 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 | BBG000DLYCC1 | 408446 | 3692 | SH |  | SOLE |  | 3692 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 | BBG000BD8QV8 | 219484 | 2409 | SH |  | SOLE |  | 2409 | 0 | 0 |
| BANNER CORP | COM NEW | 06652V208 | BBG000MVZH28 | 356225 | 5553 | SH |  | SOLE |  | 5553 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 | BBG000BB0BD3 | 533804 | 25639 | SH |  | SOLE |  | 25639 | 0 | 0 |
| BELDEN INC | COM | 077454106 | BBG000Q4XQV4 | 219904 | 1899 | SH |  | SOLE |  | 1899 | 0 | 0 |
| BENCHMARK ELECTRS INC | COM | 08160H101 | BBG000C4K040 | 351567 | 9054 | SH |  | SOLE |  | 9054 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG000DWH8Q0 | 655304 | 1349 | SH |  | SOLE |  | 1349 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 | BBG000C17X76 | 479377 | 3817 | SH |  | SOLE |  | 3817 | 0 | 0 |
| BLACK HILLS CORP | COM | 092113109 | BBG000BDB1V9 | 537438 | 9580 | SH |  | SOLE |  | 9580 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 | BBG01PT1FFJ9 | 325268 | 310 | SH |  | SOLE |  | 310 | 0 | 0 |
| BLACKSTONE SECD LENDING FD | COMMON STOCK | 09261X102 | BBG0132WKV17 | 740891 | 24094 | SH |  | SOLE |  | 24094 | 0 | 0 |
| BOISE CASCADE CO DEL | COM | 09739D100 | BBG003MSHM91 | 549657 | 6331 | SH |  | SOLE |  | 6331 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 | BBG0015MBGS5 | 452445 | 4345 | SH |  | SOLE |  | 4345 | 0 | 0 |
| BOSTON BEER INC | CL A | 100557107 | BBG000BCZFG1 | 224583 | 1177 | SH |  | SOLE |  | 1177 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG000C0LY07 | 492797 | 4588 | SH |  | SOLE |  | 4588 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG000DQLWT2 | 405130 | 8752 | SH |  | SOLE |  | 8752 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5S69 | 601744 | 2183 | SH |  | SOLE |  | 2183 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 | BBG000PPFN90 | 696767 | 2867 | SH |  | SOLE |  | 2867 | 0 | 0 |
| BROADSTONE NET LEASE INC | COM | 11135E203 | BBG00WHM4C83 | 861131 | 53653 | SH |  | SOLE |  | 53653 | 0 | 0 |
| BYLINE BANCORP INC | COM | 124411109 | BBG00GZYYYR0 | 528960 | 19789 | SH |  | SOLE |  | 19789 | 0 | 0 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 | BBG000BTCH57 | 470731 | 4906 | SH |  | SOLE |  | 4906 | 0 | 0 |
| CANADIAN IMPERIAL BK COMM | COM | 136069101 | BBG000FKTLD6 | 289411 | 4086 | SH |  | SOLE |  | 4086 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 | BBG000BGGG80 | 532095 | 1425 | SH |  | SOLE |  | 1425 | 0 | 0 |
| CARLYLE SECURED LENDING INC | COM | 872280102 | BBG00GQVWWP4 | 532385 | 38917 | SH |  | SOLE |  | 38917 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 | BBG00RP5HYX2 | 217887 | 2977 | SH |  | SOLE |  | 2977 | 0 | 0 |
| CARS COM INC | COM | 14575E105 | BBG00F5RGH88 | 136038 | 11480 | SH |  | SOLE |  | 11480 | 0 | 0 |
| CELLEBRITE DI LTD | ORDINARY SHARES | M2197Q107 | BBG000BK00N6 | 256320 | 16020 | SH |  | SOLE |  | 16020 | 0 | 0 |
| CEMEX SAB DE CV | SPON ADR NEW | 151290889 | BBG000BPCXM1 | 146701 | 21169 | SH |  | SOLE |  | 21169 | 0 | 0 |
| CENCORA INC | COM | 03073E105 | BBG000MDCSN6 | 280360 | 935 | SH |  | SOLE |  | 935 | 0 | 0 |
| CGI INC | CL A SUB VTG | 12532H104 | BBG000FWZPB6 | 884975 | 8442 | SH |  | SOLE |  | 8442 | 0 | 0 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 | BBG000K82ZT8 | 296475 | 1340 | SH |  | SOLE |  | 1340 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG000K4NHJ5 | 390479 | 2727 | SH |  | SOLE |  | 2727 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 | BBG000BR16M8 | 428496 | 1479 | SH |  | SOLE |  | 1479 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 | BBG000BFPK65 | 261504 | 1756 | SH |  | SOLE |  | 1756 | 0 | 0 |
| CIRRUS LOGIC INC | COM | 172755100 | BBG000C1DHF5 | 374171 | 3589 | SH |  | SOLE |  | 3589 | 0 | 0 |
| CITIZENS FINL GROUP INC | COM | 174610105 | BBG006Q0HYC1 | 433359 | 9684 | SH |  | SOLE |  | 9684 | 0 | 0 |
| CLEAN HARBORS INC | COM | 184496107 | BBG000BFRVR6 | 425140 | 1839 | SH |  | SOLE |  | 1839 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 | BBG000BFS949 | 273760 | 2280 | SH |  | SOLE |  | 2280 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 | BBG000BHLYP4 | 218567 | 793 | SH |  | SOLE |  | 793 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 | BBG000BFVZB9 | 240540 | 3472 | SH |  | SOLE |  | 3472 | 0 | 0 |
| CNO FINL GROUP INC | COM | 12621E103 | BBG000Q1GLM0 | 223648 | 5797 | SH |  | SOLE |  | 5797 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG000BMX4N8 | 462210 | 6533 | SH |  | SOLE |  | 6533 | 0 | 0 |
| COCA-COLA FEMSA SAB DE CV | SPONS ADS REP | 191241108 | BBG000BJ89G0 | 335460 | 3468 | SH |  | SOLE |  | 3468 | 0 | 0 |
| COGNEX CORP | COM | 192422103 | BBG000BPBVW5 | 455594 | 14363 | SH |  | SOLE |  | 14363 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 | BBG000BBDV81 | 830083 | 10638 | SH |  | SOLE |  | 10638 | 0 | 0 |
| COLLIERS INTL GROUP INC | SUB VTG SHS | 194693107 | BBG000BN6P22 | 468900 | 3592 | SH |  | SOLE |  | 3592 | 0 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 | BBG000CTGXS2 | 313479 | 13408 | SH |  | SOLE |  | 13408 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG000BFT2L4 | 803525 | 22514 | SH |  | SOLE |  | 22514 | 0 | 0 |
| COMERICA INC | COM | 200340107 | BBG000C75Q34 | 324914 | 5447 | SH |  | SOLE |  | 5447 | 0 | 0 |
| COMFORT SYS USA INC | COM | 199908104 | BBG000BWN5P2 | 309393 | 577 | SH |  | SOLE |  | 577 | 0 | 0 |
| COMMERCE BANCSHARES INC | COM | 200525103 | BBG000BF3G77 | 222382 | 3577 | SH |  | SOLE |  | 3577 | 0 | 0 |
| COMPANIA CERVECERIAS UNIDAS | SPONSORED ADR | 204429104 | BBG000BBCW08 | 223077 | 17266 | SH |  | SOLE |  | 17266 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 | BBG000BDXHW9 | 889954 | 43476 | SH |  | SOLE |  | 43476 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG000BQQJR0 | 784776 | 8745 | SH |  | SOLE |  | 8745 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 | BBG000BHM0P7 | 768280 | 7656 | SH |  | SOLE |  | 7656 | 0 | 0 |
| COPART INC | COM | 217204106 | BBG000BM9RH1 | 338338 | 6895 | SH |  | SOLE |  | 6895 | 0 | 0 |
| COPT DEFENSE PROPERTIES | SHS BEN INT | 22002T108 | BBG000BXL661 | 384134 | 13928 | SH |  | SOLE |  | 13928 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 | BBG00MV4Q7P7 | 736580 | 9883 | SH |  | SOLE |  | 9883 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG000F6H8W8 | 934503 | 944 | SH |  | SOLE |  | 944 | 0 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 | BBG01DC9X8G6 | 409213 | 2155 | SH |  | SOLE |  | 2155 | 0 | 0 |
| CRANE NXT CO | COM | 224441105 | BBG017BY2KX3 | 421444 | 7819 | SH |  | SOLE |  | 7819 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 | BBG000FKXBN2 | 208321 | 932 | SH |  | SOLE |  | 932 | 0 | 0 |
| CRESCENT CAP BDC INC | COM | 225655109 | BBG009NX1JT8 | 448479 | 31807 | SH |  | SOLE |  | 31807 | 0 | 0 |
| CRESCENT ENERGY COMPANY | CL A COM | 44952J104 | BBG013XM1700 | 90799 | 10558 | SH |  | SOLE |  | 10558 | 0 | 0 |
| CSW INDUSTRIALS INC | COM | 126402106 | BBG007NLG4R7 | 283101 | 987 | SH |  | SOLE |  | 987 | 0 | 0 |
| DANA INC | COM | 235825205 | BBG000TCD239 | 301085 | 17556 | SH |  | SOLE |  | 17556 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 | BBG000BBP059 | 444877 | 2041 | SH |  | SOLE |  | 2041 | 0 | 0 |
| DAYFORCE INC | COM | 15677J108 | BBG00KG0HRN4 | 225825 | 4077 | SH |  | SOLE |  | 4077 | 0 | 0 |
| DEERE  CO | COM | 244199105 | BBG000BH1QM6 | 922909 | 1815 | SH |  | SOLE |  | 1815 | 0 | 0 |
| DESCARTES SYS GROUP INC | COM | 249906108 | BBG000CRQW34 | 225449 | 2218 | SH |  | SOLE |  | 2218 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 | BBG000BBVMM5 | 662698 | 20833 | SH |  | SOLE |  | 20833 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 | BBG000BWZSZ8 | 577410 | 5726 | SH |  | SOLE |  | 5726 | 0 | 0 |
| DIAMONDROCK HOSPITALITY CO | COM | 252784301 | BBG000JKHHW3 | 659434 | 86088 | SH |  | SOLE |  | 86088 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 | BBG000F70ZJ9 | 236976 | 1198 | SH |  | SOLE |  | 1198 | 0 | 0 |
| DOLBY LABORATORIES INC | COM CL A | 25659T107 | BBG000DGLWP8 | 585614 | 7886 | SH |  | SOLE |  | 7886 | 0 | 0 |
| DOLE PLC | ORD SHS | G27907107 | BBG011PCV4N4 | 268384 | 19184 | SH |  | SOLE |  | 19184 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 | BBG000NV1PS8 | 206570 | 1806 | SH |  | SOLE |  | 1806 | 0 | 0 |
| DORMAN PRODS INC | COM | 258278100 | BBG000BM22F5 | 249633 | 2035 | SH |  | SOLE |  | 2035 | 0 | 0 |
| DOW INC | COM | 260557103 | BBG00LXXHZT7 | 331715 | 12527 | SH |  | SOLE |  | 12527 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 | BBG0134WCM78 | 234523 | 5468 | SH |  | SOLE |  | 5468 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG000BHGGD2 | 482266 | 4087 | SH |  | SOLE |  | 4087 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 | BBG00CCS9JW2 | 800445 | 11670 | SH |  | SOLE |  | 11670 | 0 | 0 |
| DYNEX CAP INC | COM | 26817Q886 | BBG000FBJSP9 | 411545 | 33678 | SH |  | SOLE |  | 33678 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 | BBG000BLW6G4 | 394877 | 5289 | SH |  | SOLE |  | 5289 | 0 | 0 |
| ECOPETROL S A | SPONSORED ADS | 279158109 | BBG000RJ1Z72 | 136299 | 15401 | SH |  | SOLE |  | 15401 | 0 | 0 |
| ELECTRONIC ARTS INC | COM | 285512109 | BBG000BP0KQ8 | 288738 | 1808 | SH |  | SOLE |  | 1808 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 | BBG000BHXD68 | 633051 | 4748 | SH |  | SOLE |  | 4748 | 0 | 0 |
| ENERSYS | COM | 29275Y102 | BBG000PWTFF0 | 319665 | 3727 | SH |  | SOLE |  | 3727 | 0 | 0 |
| ENOVA INTL INC | COM | 29357K103 | BBG0022PSJ50 | 397569 | 3565 | SH |  | SOLE |  | 3565 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 | BBG000MBDGM6 | 426372 | 536 | SH |  | SOLE |  | 536 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 | BBG000BB7VP9 | 581610 | 9431 | SH |  | SOLE |  | 9431 | 0 | 0 |
| ESAB CORPORATION | COM | 29605J106 | BBG0162JFDZ8 | 670620 | 5563 | SH |  | SOLE |  | 5563 | 0 | 0 |
| ESSENT GROUP LTD | COM | G3198U102 | BBG0058YL7L3 | 887144 | 14608 | SH |  | SOLE |  | 14608 | 0 | 0 |
| ESSENTIAL PPTYS RLTY TR INC | COM | 29670E107 | BBG00L17LGN2 | 944983 | 29614 | SH |  | SOLE |  | 29614 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 | BBG000C1XXY7 | 388449 | 1143 | SH |  | SOLE |  | 1143 | 0 | 0 |
| EXELON CORP | COM | 30161N101 | BBG000J6XT05 | 745739 | 17175 | SH |  | SOLE |  | 17175 | 0 | 0 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 | BBG000QY3XZ2 | 276129 | 1637 | SH |  | SOLE |  | 1637 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG000GZQBJ1 | 1303410 | 12091 | SH |  | SOLE |  | 12091 | 0 | 0 |
| FB FINL CORP | COM | 30257X104 | BBG00DM451H2 | 246251 | 5436 | SH |  | SOLE |  | 5436 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 | BBG009PH3QN9 | 282176 | 575 | SH |  | SOLE |  | 575 | 0 | 0 |
| FIDUS INVT CORP | COM | 316500107 | BBG001K9JH07 | 738977 | 36583 | SH |  | SOLE |  | 36583 | 0 | 0 |
| FIRST FINL BANCORP OH | COM | 320209109 | BBG000BJGW43 | 635418 | 26192 | SH |  | SOLE |  | 26192 | 0 | 0 |
| FIRST MERCHANTS CORP | COM | 320817109 | BBG000BBSJ28 | 234779 | 6130 | SH |  | SOLE |  | 6130 | 0 | 0 |
| FIVERR INTL LTD | ORD SHS | M4R82T106 | BBG00P5F55P1 | 247897 | 8452 | SH |  | SOLE |  | 8452 | 0 | 0 |
| FORTUNE BRANDS INNOVATIONS I | COM | 34964C106 | BBG001VCCJW6 | 565456 | 10984 | SH |  | SOLE |  | 10984 | 0 | 0 |
| FOUR CORNERS PPTY TR INC | COM | 35086T109 | BBG009H33QS4 | 534675 | 19869 | SH |  | SOLE |  | 19869 | 0 | 0 |
| FRANKLIN ELEC INC | COM | 353514102 | BBG000BJGGV8 | 723663 | 8064 | SH |  | SOLE |  | 8064 | 0 | 0 |
| FRANKLIN RESOURCES INC | COM | 354613101 | BBG000BD0WB5 | 200936 | 8425 | SH |  | SOLE |  | 8425 | 0 | 0 |
| FRONTIER GROUP HLDGS INC | COM | 35909R108 | BBG00GCTTK65 | 37313 | 10279 | SH |  | SOLE |  | 10279 | 0 | 0 |
| FRONTLINE PLC | COM | M46528101 | BBG000BTQR05 | 323868 | 19736 | SH |  | SOLE |  | 19736 | 0 | 0 |
| FULLER H B CO | COM | 359694106 | BBG000BJZBK0 | 273322 | 4544 | SH |  | SOLE |  | 4544 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | BBG000BBHZK4 | 371659 | 1161 | SH |  | SOLE |  | 1161 | 0 | 0 |
| GAMING  LEISURE PPTYS INC | COM | 36467J108 | BBG003MSMCS6 | 969730 | 20774 | SH |  | SOLE |  | 20774 | 0 | 0 |
| GANNETT CO INC | COM | 36472T109 | BBG005C9FQX5 | 53825 | 15035 | SH |  | SOLE |  | 15035 | 0 | 0 |
| GARTNER INC | COM | 366651107 | BBG000BB6764 | 565504 | 1399 | SH |  | SOLE |  | 1399 | 0 | 0 |
| GCM GROSVENOR INC | COM CL A | 36831E108 | BBG00Y73FFL8 | 185769 | 16070 | SH |  | SOLE |  | 16070 | 0 | 0 |
| GENCO SHIPPING  TRADING LTD | SHS | Y2685T131 | BBG006TBN8G0 | 133758 | 10234 | SH |  | SOLE |  | 10234 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 | BBG000BKCHJ1 | 232575 | 4489 | SH |  | SOLE |  | 4489 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 | BBG0014WFHK6 | 228384 | 4641 | SH |  | SOLE |  | 4641 | 0 | 0 |
| GENTEX CORP | COM | 371901109 | BBG000BKJ092 | 389597 | 17717 | SH |  | SOLE |  | 17717 | 0 | 0 |
| GLADSTONE CAPITAL CORP | COM NEW | 376535878 | BBG000DJYTQ4 | 224363 | 8319 | SH |  | SOLE |  | 8319 | 0 | 0 |
| GLOBAL BUSINESS TRAVEL GROUP | COM CL A | 37890B100 | BBG00Y52B8N0 | 88578 | 14060 | SH |  | SOLE |  | 14060 | 0 | 0 |
| GLOBAL NET LEASE INC | COM NEW | 379378201 | BBG008P7QD48 | 113431 | 15024 | SH |  | SOLE |  | 15024 | 0 | 0 |
| GODADDY INC | CL A | 380237107 | BBG006MDLY41 | 364261 | 2023 | SH |  | SOLE |  | 2023 | 0 | 0 |
| GOLD FIELDS LTD | SPONSORED ADR | 38059T106 | BBG000KHT6T3 | 239067 | 10100 | SH |  | SOLE |  | 10100 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 | BBG000BKR342 | 1099534 | 1057 | SH |  | SOLE |  | 1057 | 0 | 0 |
| GRAY MEDIA INC | COM | 389375106 | BBG000DSQNF8 | 86740 | 19148 | SH |  | SOLE |  | 19148 | 0 | 0 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 | BBG000BB8BY2 | 460729 | 1055 | SH |  | SOLE |  | 1055 | 0 | 0 |
| GUIDEWIRE SOFTWARE INC | COM | 40171V100 | BBG0021RGSV1 | 230741 | 980 | SH |  | SOLE |  | 980 | 0 | 0 |
| HANCOCK WHITNEY CORPORATION | COM | 410120109 | BBG000CBC7D8 | 384695 | 6702 | SH |  | SOLE |  | 6702 | 0 | 0 |
| HANOVER INS GROUP INC | COM | 410867105 | BBG000FJHC42 | 260241 | 1532 | SH |  | SOLE |  | 1532 | 0 | 0 |
| HARMONIC INC | COM | 413160102 | BBG000BTXZ45 | 193463 | 20429 | SH |  | SOLE |  | 20429 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 | BBG000G0ZB62 | 234456 | 1848 | SH |  | SOLE |  | 1848 | 0 | 0 |
| HAYWARD HLDGS INC | COM | 421298100 | BBG00Z9CCRM9 | 256100 | 18558 | SH |  | SOLE |  | 18558 | 0 | 0 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 | BBG000BKYGV5 | 586673 | 33505 | SH |  | SOLE |  | 33505 | 0 | 0 |
| HEALTHSTREAM INC | COM | 42222N103 | BBG000BVK1D9 | 259600 | 9382 | SH |  | SOLE |  | 9382 | 0 | 0 |
| HELIX ENERGY SOLUTIONS GRP I | COM | 42330P107 | BBG000J7R4M1 | 255066 | 40876 | SH |  | SOLE |  | 40876 | 0 | 0 |
| HERCULES CAPITAL INC | COM | 427096508 | BBG000C2RB52 | 571067 | 31240 | SH |  | SOLE |  | 31240 | 0 | 0 |
| HESS MIDSTREAM LP | CL A SHS | 428103105 | BBG00R02JCB6 | 596443 | 15488 | SH |  | SOLE |  | 15488 | 0 | 0 |
| HILLMAN SOLUTIONS CORP | COM | 431636109 | BBG00XXPB3L3 | 164641 | 23059 | SH |  | SOLE |  | 23059 | 0 | 0 |
| HILLTOP HOLDINGS INC | COM | 432748101 | BBG000GM7657 | 422715 | 13928 | SH |  | SOLE |  | 13928 | 0 | 0 |
| HILTON GRAND VACATIONS INC | COM | 43283X105 | BBG00CBYY6R6 | 644836 | 15527 | SH |  | SOLE |  | 15527 | 0 | 0 |
| HNI CORP | COM | 404251100 | BBG000C7QMR4 | 450587 | 9162 | SH |  | SOLE |  | 9162 | 0 | 0 |
| HOME BANCSHARES INC | COM | 436893200 | BBG000QJXHR6 | 473318 | 16631 | SH |  | SOLE |  | 16631 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG000BKZDM1 | 747212 | 2038 | SH |  | SOLE |  | 2038 | 0 | 0 |
| HOPE BANCORP INC | COM | 43940T109 | BBG000DXHBN4 | 141904 | 13225 | SH |  | SOLE |  | 13225 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 | BBG009L72FL2 | 486225 | 2702 | SH |  | SOLE |  | 2702 | 0 | 0 |
| HOWMET AEROSPACE INC | COM | 443201108 | BBG00DYNJGM3 | 395154 | 2123 | SH |  | SOLE |  | 2123 | 0 | 0 |
| HP INC | COM | 40434L105 | BBG000KHWXF5 | 217743 | 8902 | SH |  | SOLE |  | 8902 | 0 | 0 |
| HUB GROUP INC | CL A | 443320106 | BBG000G9W6L0 | 688023 | 20581 | SH |  | SOLE |  | 20581 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 | BBG000DRM796 | 287387 | 8543 | SH |  | SOLE |  | 8543 | 0 | 0 |
| ICON PLC | SHS | G4705A100 | BBG000CTSZQ6 | 235629 | 1620 | SH |  | SOLE |  | 1620 | 0 | 0 |
| IDEX CORP | COM | 45167R104 | BBG000C1HPK7 | 240882 | 1372 | SH |  | SOLE |  | 1372 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | BBG000BMBNV1 | 573126 | 2318 | SH |  | SOLE |  | 2318 | 0 | 0 |
| INDEPENDENCE RLTY TR INC | COM | 45378A106 | BBG004Q00KX1 | 331387 | 18733 | SH |  | SOLE |  | 18733 | 0 | 0 |
| INMODE LTD | SHS | M5425M103 | BBG00PPS73P4 | 199850 | 13840 | SH |  | SOLE |  | 13840 | 0 | 0 |
| INNOSPEC INC | COM | 45768S105 | BBG000BMFNP4 | 362512 | 4311 | SH |  | SOLE |  | 4311 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 | BBG000DY3K39 | 202709 | 1468 | SH |  | SOLE |  | 1468 | 0 | 0 |
| INTAPP INC | COM | 45827U109 | BBG002ZHMJ49 | 324741 | 6291 | SH |  | SOLE |  | 6291 | 0 | 0 |
| INTEGRAL AD SCIENCE HLDNG CO | COM | 45828L108 | BBG011BPJYK1 | 128639 | 15480 | SH |  | SOLE |  | 15480 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG000BJPDZ1 | 353760 | 651 | SH |  | SOLE |  | 651 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 | BBG00FQH6BX3 | 763420 | 23275 | SH |  | SOLE |  | 23275 | 0 | 0 |
| IQVIA HLDGS INC | COM | 46266C105 | BBG0044K3GK1 | 421080 | 2672 | SH |  | SOLE |  | 2672 | 0 | 0 |
| ITT INC | COM | 45073V108 | BBG00CVQZQG8 | 362120 | 2309 | SH |  | SOLE |  | 2309 | 0 | 0 |
| ITURAN LOCATION AND CONTROL | SHS | M6158M104 | BBG000HBTSH5 | 250622 | 6471 | SH |  | SOLE |  | 6471 | 0 | 0 |
| J  J SNACK FOODS CORP | COM | 466032109 | BBG000BMGPW0 | 209582 | 1848 | SH |  | SOLE |  | 1848 | 0 | 0 |
| JABIL INC | COM | 466313103 | BBG000BJNJ80 | 357030 | 1637 | SH |  | SOLE |  | 1637 | 0 | 0 |
| JAMF HLDG CORP | COM | 47074L105 | BBG00VSYYVB8 | 127348 | 13391 | SH |  | SOLE |  | 13391 | 0 | 0 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 | BBG00GSNPM34 | 454506 | 11702 | SH |  | SOLE |  | 11702 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG000BMHZY5 | 669351 | 4382 | SH |  | SOLE |  | 4382 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 | BBG000BVWMZ6 | 287392 | 2721 | SH |  | SOLE |  | 2721 | 0 | 0 |
| JONES LANG LASALLE INC | COM | 48020Q107 | BBG000C2L3M7 | 572947 | 2240 | SH |  | SOLE |  | 2240 | 0 | 0 |
| KADANT INC | COM | 48282T104 | BBG000BKRVV0 | 233326 | 735 | SH |  | SOLE |  | 735 | 0 | 0 |
| KB HOME | COM | 48666K109 | BBG000BMLYS0 | 326613 | 6166 | SH |  | SOLE |  | 6166 | 0 | 0 |
| KBR INC | COM | 48242W106 | BBG000P292S3 | 616700 | 12864 | SH |  | SOLE |  | 12864 | 0 | 0 |
| KENNEDY-WILSON HOLDINGS INC | COM | 489398107 | BBG000CTY610 | 155795 | 22911 | SH |  | SOLE |  | 22911 | 0 | 0 |
| KENVUE INC | COM | 49177J102 | BBG01C79X5B5 | 301308 | 14396 | SH |  | SOLE |  | 14396 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 | BBG000TJM948 | 579707 | 17535 | SH |  | SOLE |  | 17535 | 0 | 0 |
| KEYCORP | COM | 493267108 | BBG000BMQS71 | 257659 | 14791 | SH |  | SOLE |  | 14791 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 | BBG000BMW2Z0 | 273310 | 2120 | SH |  | SOLE |  | 2120 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 | BBG000BB2HG5 | 303238 | 19401 | SH |  | SOLE |  | 19401 | 0 | 0 |
| KULICKE  SOFFA INDS INC | COM | 501242101 | BBG000BMTX31 | 375652 | 10857 | SH |  | SOLE |  | 10857 | 0 | 0 |
| LADDER CAP CORP | CL A | 505743104 | BBG005RVGZ96 | 177203 | 16484 | SH |  | SOLE |  | 16484 | 0 | 0 |
| LCI INDS | COM | 50189K103 | BBG000DNLQR4 | 384275 | 4214 | SH |  | SOLE |  | 4214 | 0 | 0 |
| LENDINGCLUB CORP | COM NEW | 52603A208 | BBG0074JGF52 | 120902 | 10050 | SH |  | SOLE |  | 10050 | 0 | 0 |
| LINDE PLC | SHS | G54950103 | BBG01FND0CC1 | 666236 | 1420 | SH |  | SOLE |  | 1420 | 0 | 0 |
| LINDSAY CORP | COM | 535555106 | BBG000FJS448 | 631527 | 4378 | SH |  | SOLE |  | 4378 | 0 | 0 |
| LKQ CORP | COM | 501889208 | BBG000PXDL44 | 233755 | 6316 | SH |  | SOLE |  | 6316 | 0 | 0 |
| LLOYDS BANKING GROUP PLC | SPONSORED ADR | 539439109 | BBG000C3VRV1 | 67401 | 15859 | SH |  | SOLE |  | 15859 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG000C1BXJ8 | 664606 | 1435 | SH |  | SOLE |  | 1435 | 0 | 0 |
| LOEWS CORP | COM | 540424108 | BBG000C45D49 | 377914 | 4123 | SH |  | SOLE |  | 4123 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | BBG000BNDQS4 | 595277 | 2683 | SH |  | SOLE |  | 2683 | 0 | 0 |
| M/I HOMES INC | COM | 55305B101 | BBG000BL9P78 | 536943 | 4789 | SH |  | SOLE |  | 4789 | 0 | 0 |
| MACYS INC | COM | 55616P104 | BBG000C46L95 | 166470 | 14277 | SH |  | SOLE |  | 14277 | 0 | 0 |
| MADISON SQUARE GRDN SPRT COR | CL A | 55825T103 | BBG007FG0FP1 | 237367 | 1136 | SH |  | SOLE |  | 1136 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 | BBG00H0M0J10 | 798197 | 35507 | SH |  | SOLE |  | 35507 | 0 | 0 |
| MANULIFE FINL CORP | COM | 56501R106 | BBG000C0Q319 | 296972 | 9292 | SH |  | SOLE |  | 9292 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 | BBG001QSXK51 | 246839 | 1486 | SH |  | SOLE |  | 1486 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | BBG000BGD7W6 | 263374 | 964 | SH |  | SOLE |  | 964 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 | BBG000BP4P74 | 213174 | 975 | SH |  | SOLE |  | 975 | 0 | 0 |
| MASTEC INC | COM | 576323109 | BBG000DYXF73 | 307626 | 1805 | SH |  | SOLE |  | 1805 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG000F20WW2 | 460229 | 819 | SH |  | SOLE |  | 819 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG000BNT1L9 | 733639 | 2511 | SH |  | SOLE |  | 2511 | 0 | 0 |
| MDU RES GROUP INC | COM | 552690109 | BBG000BNX571 | 261819 | 15706 | SH |  | SOLE |  | 15706 | 0 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 | BBG000F4F3N6 | 745778 | 11136 | SH |  | SOLE |  | 11136 | 0 | 0 |
| MESA LABS INC | COM | 59064R109 | BBG000BP3PW7 | 206719 | 2194 | SH |  | SOLE |  | 2194 | 0 | 0 |
| METHANEX CORP | COM | 59151K108 | BBG000C16MS8 | 387005 | 11692 | SH |  | SOLE |  | 11692 | 0 | 0 |
| METLIFE INC | COM | 59156R108 | BBG000BB6MF1 | 325299 | 4045 | SH |  | SOLE |  | 4045 | 0 | 0 |
| MFA FINL INC | COM | 55272X607 | BBG000BL62Z1 | 264388 | 27948 | SH |  | SOLE |  | 27948 | 0 | 0 |
| MGIC INVT CORP WIS | COM | 552848103 | BBG000CBMKY5 | 884755 | 31780 | SH |  | SOLE |  | 31780 | 0 | 0 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 | BBG000C2C1W0 | 408003 | 11864 | SH |  | SOLE |  | 11864 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG000C5Z1S3 | 221357 | 1796 | SH |  | SOLE |  | 1796 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | BBG000BLMZS8 | 1219750 | 8241 | SH |  | SOLE |  | 8241 | 0 | 0 |
| MIDDLEBY CORP | COM | 596278101 | BBG000DQN9R3 | 427392 | 2968 | SH |  | SOLE |  | 2968 | 0 | 0 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 | BBG000D4F6K4 | 168029 | 12247 | SH |  | SOLE |  | 12247 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 | BBG000MBHPT5 | 210020 | 705 | SH |  | SOLE |  | 705 | 0 | 0 |
| MONARCH CASINO  RESORT INC | COM | 609027107 | BBG000BJ0932 | 246873 | 2856 | SH |  | SOLE |  | 2856 | 0 | 0 |
| MORGAN STANLEY DIRECT LENDIN | COM SHS | 61774A103 | BBG01L3T3DD9 | 556583 | 29732 | SH |  | SOLE |  | 29732 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 | BBG000BP9038 | 385982 | 918 | SH |  | SOLE |  | 918 | 0 | 0 |
| MSCI INC | COM | 55354G100 | BBG000RTDZW9 | 244538 | 424 | SH |  | SOLE |  | 424 | 0 | 0 |
| NABORS INDUSTRIES LTD | SHS | G6359F137 | BBG000BZTXK3 | 261959 | 9349 | SH |  | SOLE |  | 9349 | 0 | 0 |
| NAVIGATOR HLDGS LTD | SHS | Y62132108 | BBG000R9BMT8 | 468266 | 33093 | SH |  | SOLE |  | 33093 | 0 | 0 |
| NBT BANCORP INC | COM | 628778102 | BBG000CJN801 | 487049 | 11722 | SH |  | SOLE |  | 11722 | 0 | 0 |
| NETSCOUT SYS INC | COM | 64115T104 | BBG000C136Z8 | 222918 | 8985 | SH |  | SOLE |  | 8985 | 0 | 0 |
| NEW FORTRESS ENERGY INC | COM CL A | 644393100 | BBG00MJH9LC4 | 33349 | 10045 | SH |  | SOLE |  | 10045 | 0 | 0 |
| NEW JERSEY RES CORP | COM | 646025106 | BBG000BPZXG3 | 562446 | 12549 | SH |  | SOLE |  | 12549 | 0 | 0 |
| NEW MTN FIN CORP | COM | 647551100 | BBG000BG22J4 | 228228 | 21633 | SH |  | SOLE |  | 21633 | 0 | 0 |
| NEW YORK TIMES CO | CL A | 650111107 | BBG000FFD4B4 | 396506 | 7083 | SH |  | SOLE |  | 7083 | 0 | 0 |
| NEWELL BRANDS INC | COM | 651229106 | BBG000BQC9V2 | 79731 | 14765 | SH |  | SOLE |  | 14765 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 | BBG000BNGFF9 | 171101 | 33031 | SH |  | SOLE |  | 33031 | 0 | 0 |
| NORTHWEST NAT HLDG CO | COM | 66765N105 | BBG00KXKRL17 | 499082 | 12565 | SH |  | SOLE |  | 12565 | 0 | 0 |
| NORTHWESTERN ENERGY GROUP IN | COM NEW | 668074305 | BBG000Q1NP16 | 566865 | 11050 | SH |  | SOLE |  | 11050 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 | BBG001WVB2M2 | 529085 | 26089 | SH |  | SOLE |  | 26089 | 0 | 0 |
| NUTRIEN LTD | COM | 67077M108 | BBG00JM9XLR2 | 575295 | 9878 | SH |  | SOLE |  | 9878 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG000BBJQV0 | 1044630 | 6612 | SH |  | SOLE |  | 6612 | 0 | 0 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 | BBG000BND699 | 743740 | 3404 | SH |  | SOLE |  | 3404 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 | BBG000BQQ4P5 | 977783 | 23275 | SH |  | SOLE |  | 23275 | 0 | 0 |
| OCEANFIRST FINL CORP | COM | 675234108 | BBG000GYLFT9 | 281901 | 16008 | SH |  | SOLE |  | 16008 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 | BBG000BS95R5 | 359772 | 5001 | SH |  | SOLE |  | 5001 | 0 | 0 |
| ONE GAS INC | COM | 68235P108 | BBG005TJ4R74 | 258552 | 3598 | SH |  | SOLE |  | 3598 | 0 | 0 |
| ORION S.A. | COM | L72967109 | BBG006MC4LV0 | 174784 | 16662 | SH |  | SOLE |  | 16662 | 0 | 0 |
| OUTFRONT MEDIA INC | COM NEW | 69007J304 | BBG004S6B059 | 233800 | 14326 | SH |  | SOLE |  | 14326 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 | BBG000M44Y70 | 544304 | 3958 | SH |  | SOLE |  | 3958 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 | BBG000BB8WD9 | 267034 | 1417 | SH |  | SOLE |  | 1417 | 0 | 0 |
| PAR TECHNOLOGY CORP | COM | 698884103 | BBG000BRPC76 | 215255 | 3103 | SH |  | SOLE |  | 3103 | 0 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 | BBG00FGXCK17 | 328946 | 32155 | SH |  | SOLE |  | 32155 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 | BBG000BR3N30 | 754348 | 1080 | SH |  | SOLE |  | 1080 | 0 | 0 |
| PATTERSON-UTI ENERGY INC | COM | 703481101 | BBG000BKXFN7 | 302305 | 50979 | SH |  | SOLE |  | 50979 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 | BBG000BQSQ38 | 333394 | 2292 | SH |  | SOLE |  | 2292 | 0 | 0 |
| PAYLOCITY HLDG CORP | COM | 70438V106 | BBG006598YS8 | 216703 | 1196 | SH |  | SOLE |  | 1196 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 | BBG0077VNXV6 | 354358 | 4768 | SH |  | SOLE |  | 4768 | 0 | 0 |
| PENNYMAC FINL SVCS INC NEW | COM | 70932M107 | BBG00LT0C1T4 | 208148 | 2089 | SH |  | SOLE |  | 2089 | 0 | 0 |
| PENUMBRA INC | COM | 70975L107 | BBG009SYFXC3 | 264329 | 1030 | SH |  | SOLE |  | 1030 | 0 | 0 |
| PERFORMANCE FOOD GROUP CO | COM | 71377A103 | BBG009XW2WH2 | 270632 | 3094 | SH |  | SOLE |  | 3094 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG000J2XPB0 | 792266 | 4350 | SH |  | SOLE |  | 4350 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 | BBG002VX6CQ7 | 500821 | 4198 | SH |  | SOLE |  | 4198 | 0 | 0 |
| PIPER SANDLER COMPANIES | COM | 724078100 | BBG000FQXG76 | 267656 | 963 | SH |  | SOLE |  | 963 | 0 | 0 |
| PLEXUS CORP | COM | 729132100 | BBG000BRBX66 | 579262 | 4281 | SH |  | SOLE |  | 4281 | 0 | 0 |
| POOL CORP | COM | 73278L105 | BBG000BCVG28 | 335785 | 1152 | SH |  | SOLE |  | 1152 | 0 | 0 |
| POST HLDGS INC | COM | 737446104 | BBG001WTBFQ4 | 676313 | 6203 | SH |  | SOLE |  | 6203 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 | BBG000BQX2N3 | 254393 | 6630 | SH |  | SOLE |  | 6630 | 0 | 0 |
| POWER INTEGRATIONS INC | COM | 739276103 | BBG000BTT3D1 | 329586 | 5896 | SH |  | SOLE |  | 5896 | 0 | 0 |
| PPL CORP | COM | 69351T106 | BBG000BRJP74 | 559117 | 16498 | SH |  | SOLE |  | 16498 | 0 | 0 |
| PRECISION DRILLING CORP | COM NEW | 74022D407 | BBG000BBK4W6 | 239932 | 5079 | SH |  | SOLE |  | 5079 | 0 | 0 |
| PRESTIGE CONSMR HEALTHCARE I | COM | 74112D101 | BBG000QM0V85 | 471195 | 5901 | SH |  | SOLE |  | 5901 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 | BBG000BVMPN3 | 259392 | 2688 | SH |  | SOLE |  | 2688 | 0 | 0 |
| PRIMERICA INC | COM | 74164M108 | BBG000T8ZGB4 | 457576 | 1672 | SH |  | SOLE |  | 1672 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 | BBG000NSCNT7 | 656966 | 8271 | SH |  | SOLE |  | 8271 | 0 | 0 |
| PRIVIA HEALTH GROUP INC | COM | 74276R102 | BBG00ZXYXVP9 | 233841 | 10167 | SH |  | SOLE |  | 10167 | 0 | 0 |
| PROCORE TECHNOLOGIES INC | COM | 74275K108 | BBG00S2L26Z5 | 201702 | 2948 | SH |  | SOLE |  | 2948 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 | BBG000BR39M0 | 429645 | 1610 | SH |  | SOLE |  | 1610 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 | BBG000B9Z339 | 570802 | 5430 | SH |  | SOLE |  | 5430 | 0 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 | BBG000BHY760 | 361806 | 5151 | SH |  | SOLE |  | 5151 | 0 | 0 |
| PTC INC | COM | 69370C100 | BBG000C2VBB0 | 244206 | 1417 | SH |  | SOLE |  | 1417 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 | BBG000BPPPX2 | 1337702 | 4559 | SH |  | SOLE |  | 4559 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 | BBG000BR5699 | 692450 | 6566 | SH |  | SOLE |  | 6566 | 0 | 0 |
| PURE STORAGE INC | CL A | 74624M102 | BBG009S77DZ0 | 397302 | 6900 | SH |  | SOLE |  | 6900 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | BBG000CGC1X8 | 270901 | 1701 | SH |  | SOLE |  | 1701 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 | BBG000BS1192 | 229298 | 836 | SH |  | SOLE |  | 836 | 0 | 0 |
| RAMBUS INC DEL | COM | 750917106 | BBG000BR32C6 | 359280 | 5612 | SH |  | SOLE |  | 5612 | 0 | 0 |
| RAYONIER INC | COM | 754907103 | BBG000BG7MZ7 | 851668 | 38398 | SH |  | SOLE |  | 38398 | 0 | 0 |
| RB GLOBAL INC | COM | 74935Q107 | BBG000C1DH01 | 371028 | 3494 | SH |  | SOLE |  | 3494 | 0 | 0 |
| RBC BEARINGS INC | COM | 75524B104 | BBG000GMGPK8 | 343242 | 892 | SH |  | SOLE |  | 892 | 0 | 0 |
| REGENCY CTRS CORP | COM | 758849103 | BBG000BL46Q4 | 814444 | 11434 | SH |  | SOLE |  | 11434 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 | BBG000Q3JQJ6 | 391396 | 16641 | SH |  | SOLE |  | 16641 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 | BBG000BPXYW5 | 394576 | 1600 | SH |  | SOLE |  | 1600 | 0 | 0 |
| REVVITY INC | COM | 714046109 | BBG000FXX8N1 | 379529 | 3924 | SH |  | SOLE |  | 3924 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG000FD2C69 | 1146476 | 19655 | SH |  | SOLE |  | 19655 | 0 | 0 |
| RISKIFIED LTD | SHS CL A | M8216R109 | BBG011P2TCM2 | 257045 | 51512 | SH |  | SOLE |  | 51512 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 | BBG004HQLTC5 | 516348 | 45735 | SH |  | SOLE |  | 45735 | 0 | 0 |
| RLI CORP | COM | 749607107 | BBG000BS8293 | 289241 | 4005 | SH |  | SOLE |  | 4005 | 0 | 0 |
| ROGERS COMMUNICATIONS INC | CL B | 775109200 | BBG000BSZ7R2 | 429269 | 14473 | SH |  | SOLE |  | 14473 | 0 | 0 |
| ROLLINS INC | COM | 775711104 | BBG000BSBD13 | 747283 | 13245 | SH |  | SOLE |  | 13245 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 | BBG000F20X23 | 455173 | 803 | SH |  | SOLE |  | 803 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 | BBG000BSBZH7 | 379933 | 2978 | SH |  | SOLE |  | 2978 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 | BBG000BSSDF0 | 696163 | 5292 | SH |  | SOLE |  | 5292 | 0 | 0 |
| RPC INC | COM | 749660106 | BBG000BS31M5 | 236103 | 49916 | SH |  | SOLE |  | 49916 | 0 | 0 |
| RPM INTL INC | COM | 749685103 | BBG000DCPNF4 | 734500 | 6687 | SH |  | SOLE |  | 6687 | 0 | 0 |
| S  T BANCORP INC | COM | 783859101 | BBG000CKB2S4 | 272417 | 7203 | SH |  | SOLE |  | 7203 | 0 | 0 |
| SABRE CORP | COM | 78573M104 | BBG005WQVVH4 | 41731 | 13206 | SH |  | SOLE |  | 13206 | 0 | 0 |
| SAIA INC | COM | 78709Y105 | BBG000P5LMQ0 | 202479 | 739 | SH |  | SOLE |  | 739 | 0 | 0 |
| SANMINA CORPORATION | COM | 801056102 | BBG000BHBTX7 | 246336 | 2518 | SH |  | SOLE |  | 2518 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 | BBG000BDSMR0 | 394114 | 1296 | SH |  | SOLE |  | 1296 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 | BBG000BT4384 | 340603 | 10077 | SH |  | SOLE |  | 10077 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG000BSM368 | 285946 | 3134 | SH |  | SOLE |  | 3134 | 0 | 0 |
| SCIENCE APPLICATIONS INTL CO | COM | 808625107 | BBG003BW05K6 | 318686 | 2830 | SH |  | SOLE |  | 2830 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 | BBG000BSQLT9 | 918998 | 10227 | SH |  | SOLE |  | 10227 | 0 | 0 |
| SFL CORPORATION LTD | SHS | G7738W106 | BBG000BW24R6 | 108723 | 13052 | SH |  | SOLE |  | 13052 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 | BBG000BSXT78 | 335463 | 977 | SH |  | SOLE |  | 977 | 0 | 0 |
| SILGAN HLDGS INC | COM | 827048109 | BBG000BPDFV9 | 301999 | 5574 | SH |  | SOLE |  | 5574 | 0 | 0 |
| SIMILARWEB LTD | SHS | M84137104 | BBG010425VJ5 | 124507 | 15881 | SH |  | SOLE |  | 15881 | 0 | 0 |
| SIMMONS 1ST NATL CORP | CL A $1 PAR | 828730200 | BBG000BSTBM5 | 386386 | 20379 | SH |  | SOLE |  | 20379 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | BBG000BJ2FK7 | 1039474 | 6466 | SH |  | SOLE |  | 6466 | 0 | 0 |
| SIMPLY GOOD FOODS CO | COM | 82900L102 | BBG00GVP5JL4 | 479441 | 15177 | SH |  | SOLE |  | 15177 | 0 | 0 |
| SITEONE LANDSCAPE SUPPLY INC | COM | 82982L103 | BBG009T24F24 | 336334 | 2781 | SH |  | SOLE |  | 2781 | 0 | 0 |
| SLM CORP | COM | 78442P106 | BBG000BBCQD7 | 203331 | 6201 | SH |  | SOLE |  | 6201 | 0 | 0 |
| SLR INVESTMENT CORP | COM | 83413U100 | BBG000V86JM5 | 442575 | 27421 | SH |  | SOLE |  | 27421 | 0 | 0 |
| SM ENERGY CO | COM | 78454L100 | BBG000BFV311 | 442334 | 17901 | SH |  | SOLE |  | 17901 | 0 | 0 |
| SNAP INC | CL A | 83304A106 | BBG00FXWRBF9 | 131349 | 15115 | SH |  | SOLE |  | 15115 | 0 | 0 |
| SNAP ON INC | COM | 833034101 | BBG000BT7MD3 | 606490 | 1949 | SH |  | SOLE |  | 1949 | 0 | 0 |
| SOCIEDAD QUIMICA Y MINERA DE | SPON ADR SER B | 833635105 | BBG000BKK848 | 363810 | 10315 | SH |  | SOLE |  | 10315 | 0 | 0 |
| SPECTRUM BRANDS HLDGS INC NE | COM | 84790A105 | BBG000DS57T1 | 284345 | 5365 | SH |  | SOLE |  | 5365 | 0 | 0 |
| STAR BULK CARRIERS CORP. | SHS PAR | Y8162K204 | BBG000L5R950 | 535371 | 31036 | SH |  | SOLE |  | 31036 | 0 | 0 |
| STEELCASE INC | CL A | 858155203 | BBG000BLBJ88 | 190473 | 18262 | SH |  | SOLE |  | 18262 | 0 | 0 |
| STRATASYS LTD | SHS | M85548101 | BBG002S5ZRF9 | 179999 | 15693 | SH |  | SOLE |  | 15693 | 0 | 0 |
| SUMMIT HOTEL PPTYS INC | COM | 866082100 | BBG0014KPS54 | 140540 | 27611 | SH |  | SOLE |  | 27611 | 0 | 0 |
| SUN LIFE FINANCIAL INC. | COM | 866796105 | BBG000LRMW74 | 461960 | 6952 | SH |  | SOLE |  | 6952 | 0 | 0 |
| SUNCOKE ENERGY INC | COM | 86722A103 | BBG001LMHLF4 | 158425 | 18443 | SH |  | SOLE |  | 18443 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 | BBG000BRK9W0 | 430862 | 11505 | SH |  | SOLE |  | 11505 | 0 | 0 |
| SUNSTONE HOTEL INVS INC NEW | COM | 867892101 | BBG000Q3TTW4 | 144861 | 16689 | SH |  | SOLE |  | 16689 | 0 | 0 |
| SUPERNUS PHARMACEUTICALS INC | COM | 868459108 | BBG000BP0HX7 | 278637 | 8840 | SH |  | SOLE |  | 8840 | 0 | 0 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 | BBG000BLP217 | 416381 | 8046 | SH |  | SOLE |  | 8046 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 | BBG000NDV1D4 | 345477 | 1450 | SH |  | SOLE |  | 1450 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 | BBG000CL9LT2 | 405879 | 2991 | SH |  | SOLE |  | 2991 | 0 | 0 |
| TEEKAY CORPORATION LTD | SHS | G8726T105 | BBG000BLCLZ2 | 95601 | 11588 | SH |  | SOLE |  | 11588 | 0 | 0 |
| TEEKAY TANKERS LTD | CL A | G8726X106 | BBG000QRN112 | 348070 | 8343 | SH |  | SOLE |  | 8343 | 0 | 0 |
| TEGNA INC | COM | 87901J105 | BBG000BK5H18 | 186606 | 11134 | SH |  | SOLE |  | 11134 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 | BBG000BMTC82 | 869902 | 1698 | SH |  | SOLE |  | 1698 | 0 | 0 |
| TELEFONAKTIEBOLAGET LM ERICS | ADR B SEK 10 | 294821608 | BBG000BB0QF8 | 97673 | 11518 | SH |  | SOLE |  | 11518 | 0 | 0 |
| TERRENO RLTY CORP | COM | 88146M101 | BBG000PV3LG6 | 500313 | 8923 | SH |  | SOLE |  | 8923 | 0 | 0 |
| TEXAS ROADHOUSE INC | COM | 882681109 | BBG000PSJMV7 | 310913 | 1659 | SH |  | SOLE |  | 1659 | 0 | 0 |
| THERMON GROUP HLDGS INC | COM | 88362T103 | BBG001HNSYY6 | 324521 | 11557 | SH |  | SOLE |  | 11557 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 | BBG000BV8G95 | 789472 | 6393 | SH |  | SOLE |  | 6393 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 | BBG000BPH4N9 | 325227 | 1888 | SH |  | SOLE |  | 1888 | 0 | 0 |
| TRADEWEB MKTS INC | CL A | 892672106 | BBG00NK8H8T2 | 210670 | 1439 | SH |  | SOLE |  | 1439 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 | BBG000L8DFM6 | 377119 | 248 | SH |  | SOLE |  | 248 | 0 | 0 |
| TRI POINTE HOMES INC | COM | 87265H109 | BBG003QVLQD1 | 266719 | 8348 | SH |  | SOLE |  | 8348 | 0 | 0 |
| TRICO BANCSHARES | COM | 896095106 | BBG000BGYJF6 | 223262 | 5514 | SH |  | SOLE |  | 5514 | 0 | 0 |
| TRINITY CAP INC | COM | 896442308 | BBG00T6WFZ96 | 142304 | 10114 | SH |  | SOLE |  | 10114 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 | BBG000BYYNN9 | 438627 | 10203 | SH |  | SOLE |  | 10203 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 | BBG000DKCFD9 | 576797 | 10311 | SH |  | SOLE |  | 10311 | 0 | 0 |
| UBS GROUP AG | SHS | H42097107 | BBG007DJM575 | 264642 | 7825 | SH |  | SOLE |  | 7825 | 0 | 0 |
| UDR INC | COM | 902653104 | BBG000C412D7 | 1374746 | 33670 | SH |  | SOLE |  | 33670 | 0 | 0 |
| UFP INDUSTRIES INC | COM | 90278Q108 | BBG000BL0T06 | 374090 | 3765 | SH |  | SOLE |  | 3765 | 0 | 0 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 | BBG000BLRP41 | 338422 | 2191 | SH |  | SOLE |  | 2191 | 0 | 0 |
| UNIVERSAL HLTH SVCS INC | CL B | 913903100 | BBG000CB9T62 | 485844 | 2682 | SH |  | SOLE |  | 2682 | 0 | 0 |
| URANIUM ENERGY CORP | COM | 916896103 | BBG000LCK499 | 136524 | 20077 | SH |  | SOLE |  | 20077 | 0 | 0 |
| URBAN EDGE PPTYS | COM | 91704F104 | BBG006BFYQT4 | 360063 | 19296 | SH |  | SOLE |  | 19296 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 | BBG000FFFQT4 | 783232 | 17309 | SH |  | SOLE |  | 17309 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 | BBG000BBGKP3 | 793885 | 5906 | SH |  | SOLE |  | 5906 | 0 | 0 |
| VENTAS INC | COM | 92276F100 | BBG000FRVM00 | 581359 | 9206 | SH |  | SOLE |  | 9206 | 0 | 0 |
| VERALTO CORP | COM SHS | 92338C103 | BBG01J3HMZ77 | 298610 | 2958 | SH |  | SOLE |  | 2958 | 0 | 0 |
| VERIS RESIDENTIAL INC | COM | 554489104 | BBG000CL1KW8 | 246013 | 16522 | SH |  | SOLE |  | 16522 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG000HS79Q4 | 535553 | 12377 | SH |  | SOLE |  | 12377 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 | BBG000C1S2X2 | 422940 | 950 | SH |  | SOLE |  | 950 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 | BBG00L2B8L01 | 273770 | 2132 | SH |  | SOLE |  | 2132 | 0 | 0 |
| VICTORY CAP HLDGS INC | COM CL A | 92645B103 | BBG0074JPF34 | 238317 | 3743 | SH |  | SOLE |  | 3743 | 0 | 0 |
| VIMEO INC | COMMON STOCK | 92719V100 | BBG00BMF9XC2 | 183877 | 45514 | SH |  | SOLE |  | 45514 | 0 | 0 |
| VIPER ENERGY INC | CL A | 927959106 | BBG006G57XG0 | 467321 | 12256 | SH |  | SOLE |  | 12256 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG000PSL0X0 | 402627 | 1134 | SH |  | SOLE |  | 1134 | 0 | 0 |
| VONTIER CORPORATION | COM | 928881101 | BBG00RRGSJW8 | 440402 | 11935 | SH |  | SOLE |  | 11935 | 0 | 0 |
| VORNADO RLTY TR | SH BEN INT | 929042109 | BBG000BWHH82 | 714170 | 18676 | SH |  | SOLE |  | 18676 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 | BBG000BWH016 | 564936 | 2166 | SH |  | SOLE |  | 2166 | 0 | 0 |
| WASTE CONNECTIONS INC | COM | 94106B101 | BBG000FLJ2N6 | 625139 | 3348 | SH |  | SOLE |  | 3348 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG000BWVV12 | 205252 | 897 | SH |  | SOLE |  | 897 | 0 | 0 |
| WATSCO INC | COM | 942622200 | BBG000DJN962 | 367869 | 833 | SH |  | SOLE |  | 833 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 | BBG000BWP918 | 211839 | 2033 | SH |  | SOLE |  | 2033 | 0 | 0 |
| WENDYS CO | COM | 95058W100 | BBG000D52545 | 161045 | 14102 | SH |  | SOLE |  | 14102 | 0 | 0 |
| WHIRLPOOL CORP | COM | 963320106 | BBG000BWSW50 | 232150 | 2289 | SH |  | SOLE |  | 2289 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 | BBG000DB3KT1 | 430939 | 1406 | SH |  | SOLE |  | 1406 | 0 | 0 |
| WINNEBAGO INDS INC | COM | 974637100 | BBG000BWS4Z9 | 207582 | 7158 | SH |  | SOLE |  | 7158 | 0 | 0 |
| WINTRUST FINL CORP | COM | 97650W108 | BBG000HD3DW5 | 587293 | 4737 | SH |  | SOLE |  | 4737 | 0 | 0 |
| WOODWARD INC | COM | 980745103 | BBG000BD53V2 | 411751 | 1680 | SH |  | SOLE |  | 1680 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 | BBG000VC0T95 | 330720 | 1378 | SH |  | SOLE |  | 1378 | 0 | 0 |
| WSFS FINL CORP | COM | 929328102 | BBG000BX1C88 | 365860 | 6652 | SH |  | SOLE |  | 6652 | 0 | 0 |
| WYNDHAM HOTELS  RESORTS INC | COM | 98311A105 | BBG00JNGJ514 | 563273 | 6936 | SH |  | SOLE |  | 6936 | 0 | 0 |
| XYLEM INC | COM | 98419M100 | BBG00256TDP9 | 223405 | 1727 | SH |  | SOLE |  | 1727 | 0 | 0 |
| YELP INC | CL A | 985817105 | BBG0028BGPW4 | 448971 | 13101 | SH |  | SOLE |  | 13101 | 0 | 0 |
| YETI HLDGS INC | COM | 98585X104 | BBG00D8JC8J0 | 302907 | 9610 | SH |  | SOLE |  | 9610 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 | BBG00B8N0HM4 | 205666 | 4600 | SH |  | SOLE |  | 4600 | 0 | 0 |
| ZILLOW GROUP INC | CL C CAP STK | 98954M200 | BBG009NRSWJ4 | 214283 | 3059 | SH |  | SOLE |  | 3059 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 | BBG000BKPMZ8 | 490345 | 5376 | SH |  | SOLE |  | 5376 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 | BBG003932MF0 | 661228 | 4240 | SH |  | SOLE |  | 4240 | 0 | 0 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 | BBG0042V6JM8 | 322525 | 4136 | SH |  | SOLE |  | 4136 | 0 | 0 |
| ZURN ELKAY WATER SOLNS CORP | COM | 98983L108 | BBG001QFMKM2 | 274933 | 7518 | SH |  | SOLE |  | 7518 | 0 | 0 |

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