# EDGAR Filing Document

**Accession Number:** 0001510989
**File Stem:** 0001104659-25-076664
**Filing Date:** 2025-8
**Character Count:** 27918
**Document Hash:** d8f987522feaf9e8936fc06f79e6d346
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-076664.hdr.sgml**: 20250812

**ACCESSION NUMBER**: 0001104659-25-076664

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250812

**DATE AS OF CHANGE**: 20250812

**EFFECTIVENESS DATE**: 20250812

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Informed Momentum Co LLC
- **CENTRAL INDEX KEY:** 0001510989

**ORGANIZATION NAME:**
- **EIN:** 260638588
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14070
- **FILM NUMBER:** 251205329

**BUSINESS ADDRESS:**
- **STREET 1:** 215 HIGHWAY 101
- **STREET 2:** SUITE 216
- **CITY:** SOLANA BEACH
- **STATE:** CA
- **ZIP:** 92075
- **BUSINESS PHONE:** 7604795075

**MAIL ADDRESS:**
- **STREET 1:** 215 HIGHWAY 101
- **STREET 2:** SUITE 216
- **CITY:** SOLANA BEACH
- **STATE:** CA
- **ZIP:** 92075

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EAM Investors, LLC
- **DATE OF NAME CHANGE:** 20110804

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Eudaimonia Asset Management LLC
- **DATE OF NAME CHANGE:** 20110124

### 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:** Informed Momentum Co LLC<br>**Address:** 215 Highway 101<br>Suite 216<br>Solana Beach, CA 92075

**Form 13F File Number:** 028-14070

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:** Iris Kelly<br>**Title:** Chief Compliance Officer<br>**Phone:** 760-479-5087

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

/s/ Iris Kelly  Solana Beach, CA  08-12-2025<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:** 220

**Form 13F Information Table Value Total:** $660312505

      (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 |
| Akebia Therapeutics Inc | Common Stock | 00972D105 |  | 5293754 | 1454328 | SH |  | SOLE |  | 564058 | 0 | 890270 |
| Microvast Holdings Inc | Common Stock | 59516C106 |  | 2718394 | 748869 | SH |  | SOLE |  | 170518 | 0 | 578351 |
| Xeris Biopharma Holdings Inc | Common Stock | 98422E103 |  | 2740660 | 586865 | SH |  | SOLE |  | 210302 | 0 | 376563 |
| ThredUp Inc | Common Stock | 88556E102 |  | 4368984 | 583309 | SH |  | SOLE |  | 271344 | 0 | 311965 |
| Porch Group Inc | Common Stock | 733245104 |  | 6403621 | 543140 | SH |  | SOLE |  | 229438 | 0 | 313702 |
| Trevi Therapeutics Inc | Common Stock | 89532M101 |  | 2661833 | 486624 | SH |  | SOLE |  | 193008 | 0 | 293616 |
| CommScope Holding Co Inc | Common Stock | 20337X109 |  | 4007744 | 484027 | SH |  | SOLE |  | 109740 | 0 | 374287 |
| Planet Labs PBC | Common Stock | 72703X106 |  | 2771169 | 454290 | SH |  | SOLE |  | 104148 | 0 | 350142 |
| Niagen Bioscience Inc | Common Stock | 171077407 |  | 5746535 | 398788 | SH |  | SOLE |  | 195508 | 0 | 203280 |
| Digital Turbine Inc | Common Stock | 25400W102 |  | 2168592 | 367558 | SH |  | SOLE |  | 170810 | 0 | 196748 |
| Olo Inc | Common Stock | 68134L109 |  | 3239885 | 364032 | SH |  | SOLE |  | 82311 | 0 | 281721 |
| LifeMD Inc | Common Stock | 53216B104 |  | 4568706 | 335441 | SH |  | SOLE |  | 166835 | 0 | 168606 |
| BioCryst Pharmaceuticals Inc | Common Stock | 09058V103 |  | 2995749 | 334347 | SH |  | SOLE |  | 75540 | 0 | 258807 |
| Adaptive Biotechnologies Corp | Common Stock | 00650F109 |  | 3746325 | 321573 | SH |  | SOLE |  | 72794 | 0 | 248779 |
| Pitney Bowes Inc | Common Stock | 724479100 |  | 3482963 | 319245 | SH |  | SOLE |  | 72580 | 0 | 246665 |
| Archer Aviation Inc | Common Stock | 03945R102 |  | 3354234 | 309146 | SH |  | SOLE |  | 70192 | 0 | 238954 |
| Yext Inc | Common Stock | 98585N106 |  | 2562283 | 301445 | SH |  | SOLE |  | 69109 | 0 | 232336 |
| Domo Inc | Common Stock | 257554105 |  | 4121918 | 295055 | SH |  | SOLE |  | 139166 | 0 | 155889 |
| Applied Digital Corp | Common Stock | 038169207 |  | 2921065 | 290076 | SH |  | SOLE |  | 66770 | 0 | 223306 |
| Fuel Tech Inc | Common Stock | 359523107 |  | 715529 | 283940 | SH |  | SOLE |  | 283940 | 0 | 0 |
| United States Antimony Corp | Common Stock | 911549103 |  | 585280 | 268477 | SH |  | SOLE |  | 268477 | 0 | 0 |
| CytomX Therapeutics Inc | Common Stock | 23284F105 |  | 577897 | 254580 | SH |  | SOLE |  | 254349 | 0 | 231 |
| nLight Inc | Common Stock | 65487K100 |  | 4797335 | 243767 | SH |  | SOLE |  | 116605 | 0 | 127162 |
| Spero Therapeutics Inc | Common Stock | 84833T103 |  | 693506 | 239140 | SH |  | SOLE |  | 239140 | 0 | 0 |
| SiriusPoint Ltd | Common Stock | G8192H106 |  | 4653243 | 228212 | SH |  | SOLE |  | 51376 | 0 | 176836 |
| Healthcare Services Group Inc | Common Stock | 421906108 |  | 3328634 | 221466 | SH |  | SOLE |  | 50150 | 0 | 171316 |
| LightPath Technologies Inc | Common Stock | 532257805 |  | 678897 | 220421 | SH |  | SOLE |  | 220421 | 0 | 0 |
| Paysign Inc | Common Stock | 70451A104 |  | 1574035 | 218616 | SH |  | SOLE |  | 218616 | 0 | 0 |
| Magnite Inc | Common Stock | 55955D100 |  | 5245569 | 217478 | SH |  | SOLE |  | 49066 | 0 | 168412 |
| Antero Midstream Corp | Common Stock | 03676B102 |  | 4089922 | 215827 | SH |  | SOLE |  | 47790 | 0 | 168037 |
| Perpetua Resources Corp | Common Stock | 714266103 |  | 2594742 | 213735 | SH |  | SOLE |  | 75246 | 0 | 138489 |
| Delcath Systems Inc | Common Stock | 24661P807 |  | 2896310 | 212964 | SH |  | SOLE |  | 86160 | 0 | 126804 |
| Information Services Group Inc | Common Stock | 45675Y104 |  | 1021517 | 212816 | SH |  | SOLE |  | 212816 | 0 | 0 |
| Amprius Technologies Inc | Common Stock | 03214Q108 |  | 889371 | 211252 | SH |  | SOLE |  | 211252 | 0 | 0 |
| Watling Street Capital Partners LLP | Common Stock | 60471A101 |  | 4499210 | 208974 | SH |  | SOLE |  | 46393 | 0 | 162581 |
| Laureate Education Inc | Common Stock | 518613203 |  | 4766714 | 203880 | SH |  | SOLE |  | 45908 | 0 | 157972 |
| Oncology Institute Inc/The | Common Stock | 68236X100 |  | 401466 | 195837 | SH |  | SOLE |  | 195837 | 0 | 0 |
| AvePoint Inc | Common Stock | 053604104 |  | 3469331 | 179665 | SH |  | SOLE |  | 40731 | 0 | 138934 |
| Heritage Insurance Holdings Inc | Common Stock | 42727J102 |  | 4415028 | 177026 | SH |  | SOLE |  | 76053 | 0 | 100973 |
| CuriosityStream Inc | Common Stock | 23130Q107 |  | 996504 | 176999 | SH |  | SOLE |  | 176872 | 0 | 127 |
| D-Wave Quantum Inc | Common Stock | 26740W109 |  | 2506368 | 171200 | SH |  | SOLE |  | 38848 | 0 | 132352 |
| Rapid Micro Biosystems Inc | Common Stock | 75340L104 |  | 586862 | 170105 | SH |  | SOLE |  | 170105 | 0 | 0 |
| Lincoln Educational Services Corp | Common Stock | 533535100 |  | 3920874 | 170103 | SH |  | SOLE |  | 81435 | 0 | 88668 |
| CorMedix Inc | Common Stock | 21900C308 |  | 1953595 | 158571 | SH |  | SOLE |  | 36608 | 0 | 121963 |
| TTM Technologies Inc | Common Stock | 87305R109 |  | 6438579 | 157731 | SH |  | SOLE |  | 35515 | 0 | 122216 |
| IAMGOLD Corp | Common Stock | 450913108 |  | 1154277 | 157030 | SH |  | SOLE |  | 0 | 0 | 157030 |
| B Riley Financial Inc | Common Stock | 040044109 |  | 967386 | 156030 | SH |  | SOLE |  | 156030 | 0 | 0 |
| Sportsman's Warehouse Holdings Inc | Common Stock | 84920Y106 |  | 524414 | 152004 | SH |  | SOLE |  | 152004 | 0 | 0 |
| Universal Technical Institute Inc | Common Stock | 913915104 |  | 5113628 | 150889 | SH |  | SOLE |  | 62677 | 0 | 88212 |
| Groupon Inc | Common Stock | 399473206 |  | 5042788 | 150756 | SH |  | SOLE |  | 68856 | 0 | 81900 |
| Arlo Technologies Inc | Common Stock | 04206A101 |  | 2544204 | 150012 | SH |  | SOLE |  | 34148 | 0 | 115864 |
| Kratos Defense  Security Solutions Inc | Common Stock | 50077B207 |  | 6916916 | 148911 | SH |  | SOLE |  | 32989 | 0 | 115922 |
| Solaris Energy Infrastructure Inc | Common Stock | 83418M103 |  | 4142646 | 146435 | SH |  | SOLE |  | 62362 | 0 | 84073 |
| Rocket Lab Corp | Common Stock | 773121108 |  | 5224709 | 146064 | SH |  | SOLE |  | 32405 | 0 | 113659 |
| Aeva Technologies Inc | Common Stock | 00835Q202 |  | 5482838 | 145087 | SH |  | SOLE |  | 82472 | 0 | 62615 |
| National Vision Holdings Inc | Common Stock | 63845R107 |  | 3268340 | 142040 | SH |  | SOLE |  | 32465 | 0 | 109575 |
| Ouster Inc | Common Stock | 68989M202 |  | 3434237 | 141618 | SH |  | SOLE |  | 69838 | 0 | 71780 |
| Satellogic Inc | Common Stock | 80401C100 |  | 506250 | 139848 | SH |  | SOLE |  | 139848 | 0 | 0 |
| Intellicheck Inc | Common Stock | 45817G201 |  | 746477 | 138493 | SH |  | SOLE |  | 138493 | 0 | 0 |
| Oportun Financial Corp | Common Stock | 68376D104 |  | 986526 | 137783 | SH |  | SOLE |  | 137783 | 0 | 0 |
| One Stop Systems Inc | Common Stock | 68247W109 |  | 480627 | 135388 | SH |  | SOLE |  | 135388 | 0 | 0 |
| Astronics Corp | Common Stock | 046433108 |  | 4423311 | 132118 | SH |  | SOLE |  | 29839 | 0 | 102279 |
| Fluor Corp | Common Stock | 67079K100 |  | 5151899 | 130230 | SH |  | SOLE |  | 28903 | 0 | 101327 |
| Comstock Resources Inc | Common Stock | 205768302 |  | 3599978 | 130104 | SH |  | SOLE |  | 28811 | 0 | 101293 |
| Kyndryl Holdings Inc | Common Stock | 50155Q100 |  | 5419008 | 129147 | SH |  | SOLE |  | 28629 | 0 | 100518 |
| SLM Corp | Common Stock | 78442P106 |  | 4095733 | 124908 | SH |  | SOLE |  | 27685 | 0 | 97223 |
| Grindr Inc | Common Stock | 39854F101 |  | 2823358 | 124377 | SH |  | SOLE |  | 27947 | 0 | 96430 |
| Box Inc | Common Stock | 10316T104 |  | 4216510 | 123398 | SH |  | SOLE |  | 27404 | 0 | 95994 |
| Redwire Corp | Common Stock | 75776W103 |  | 1946269 | 119403 | SH |  | SOLE |  | 27053 | 0 | 92350 |
| Owlet Inc | Common Stock | 69120X206 |  | 984959 | 117257 | SH |  | SOLE |  | 117257 | 0 | 0 |
| Lightspeed Management Co LLC | Common Stock | 71535D106 |  | 762023 | 116162 | SH |  | SOLE |  | 116162 | 0 | 0 |
| Leonardo SpA | Common Stock | 52661A108 |  | 5322332 | 114508 | SH |  | SOLE |  | 25381 | 0 | 89127 |
| Kiniksa Pharmaceuticals International Pl | Common Stock | G52694109 |  | 2926019 | 105747 | SH |  | SOLE |  | 24247 | 0 | 81500 |
| Acadian Asset Management Inc | Common Stock | 10948W103 |  | 3669612 | 104132 | SH |  | SOLE |  | 23721 | 0 | 80411 |
| OppFi Inc | Common Stock | 68386H103 |  | 1412962 | 100998 | SH |  | SOLE |  | 100932 | 0 | 66 |
| Credo Technology Group Holding Ltd | Common Stock | G25457105 |  | 9296406 | 100404 | SH |  | SOLE |  | 22274 | 0 | 78130 |
| Celsius Holdings Inc | Common Stock | 15118V207 |  | 4648835 | 100212 | SH |  | SOLE |  | 22189 | 0 | 78023 |
| Amylyx Pharmaceuticals Inc | Common Stock | 03237H101 |  | 640744 | 99960 | SH |  | SOLE |  | 99960 | 0 | 0 |
| Exagen Inc | Common Stock | 30068X103 |  | 682456 | 97773 | SH |  | SOLE |  | 97773 | 0 | 0 |
| Perdoceo Education Corp | Common Stock | 71363P106 |  | 3195251 | 97744 | SH |  | SOLE |  | 22203 | 0 | 75541 |
| American Industrial Partners LP | Common Stock | 749527107 |  | 4618705 | 97052 | SH |  | SOLE |  | 22295 | 0 | 74757 |
| Tutor Perini Corp | Common Stock | 901109108 |  | 4507347 | 96352 | SH |  | SOLE |  | 21839 | 0 | 74513 |
| Fortress Biotech Inc | Common Stock | 48115J109 |  | 682581 | 95067 | SH |  | SOLE |  | 95067 | 0 | 0 |
| NEXTracker Inc | Common Stock | 65290E101 |  | 5079517 | 93425 | SH |  | SOLE |  | 20745 | 0 | 72680 |
| Amer Sports Holding Cayman Ltd | Common Stock | G0260P102 |  | 3545416 | 91471 | SH |  | SOLE |  | 20247 | 0 | 71224 |
| JFrog Ltd | Common Stock | M6191J100 |  | 3987332 | 90869 | SH |  | SOLE |  | 20179 | 0 | 70690 |
| American Healthcare REIT Inc | Common Stock | 398182303 |  | 3333567 | 90734 | SH |  | SOLE |  | 20364 | 0 | 70370 |
| Duos Technologies Group Inc | Common Stock | 266042407 |  | 644022 | 90073 | SH |  | SOLE |  | 90073 | 0 | 0 |
| Bridgebio Pharma Inc | Common Stock | 10806X102 |  | 3763828 | 87166 | SH |  | SOLE |  | 19307 | 0 | 67859 |
| Dutch Bros Inc | Common Stock | 26701L100 |  | 5945660 | 86963 | SH |  | SOLE |  | 19275 | 0 | 67688 |
| Build-A-Bear Workshop Inc | Common Stock | 120076104 |  | 4462673 | 86553 | SH |  | SOLE |  | 35069 | 0 | 51484 |
| Calix Inc | Common Stock | 13100M509 |  | 4566096 | 85845 | SH |  | SOLE |  | 19435 | 0 | 66410 |
| IMAX Corp | Common Stock | 45245E109 |  | 2390692 | 85504 | SH |  | SOLE |  | 19432 | 0 | 66072 |
| Kinross Gold Corp | Common Stock | 496902404 |  | 1300084 | 83363 | SH |  | SOLE |  | 0 | 0 | 83363 |
| Epsilon Energy Ltd | Common Stock | 294375209 |  | 586407 | 79459 | SH |  | SOLE |  | 79459 | 0 | 0 |
| Innovative Solutions and Support Inc | Common Stock | 45769N105 |  | 1102780 | 79451 | SH |  | SOLE |  | 79451 | 0 | 0 |
| Fennec Pharmaceuticals Inc | Common Stock | 31447P100 |  | 652886 | 78661 | SH |  | SOLE |  | 78661 | 0 | 0 |
| Flotek Industries Inc | Common Stock | 343389409 |  | 1156830 | 78376 | SH |  | SOLE |  | 78376 | 0 | 0 |
| Turning Point Brands Inc | Common Stock | 90041L105 |  | 5932412 | 78295 | SH |  | SOLE |  | 30350 | 0 | 47945 |
| TG Therapeutics Inc | Common Stock | 88322Q108 |  | 2800850 | 77823 | SH |  | SOLE |  | 17249 | 0 | 60574 |
| Legacy Education Inc | Common Stock | 52474R207 |  | 865343 | 77401 | SH |  | SOLE |  | 77401 | 0 | 0 |
| Kingsway Financial Services Inc | Common Stock | 496904202 |  | 1041009 | 76884 | SH |  | SOLE |  | 76884 | 0 | 0 |
| MP Materials Corp | Common Stock | 553368101 |  | 2554071 | 76768 | SH |  | SOLE |  | 17036 | 0 | 59732 |
| ASP Isotopes Inc | Common Stock | 00218A105 |  | 564630 | 76716 | SH |  | SOLE |  | 76716 | 0 | 0 |
| American Superconductor Corp | Common Stock | 030111207 |  | 2762537 | 75294 | SH |  | SOLE |  | 17366 | 0 | 57928 |
| BJ's Restaurants Inc | Common Stock | 09180C106 |  | 3260840 | 73113 | SH |  | SOLE |  | 16593 | 0 | 56520 |
| Karman Holdings Inc | Common Stock | 485924104 |  | 3676456 | 72989 | SH |  | SOLE |  | 16208 | 0 | 56781 |
| Air Lease Corp | Common Stock | 00912X302 |  | 4254504 | 72739 | SH |  | SOLE |  | 16124 | 0 | 56615 |
| 908 Devices Inc | Common Stock | 65443P102 |  | 516326 | 72416 | SH |  | SOLE |  | 72416 | 0 | 0 |
| Protagonist Therapeutics Inc | Common Stock | 74366E102 |  | 3977837 | 71971 | SH |  | SOLE |  | 16205 | 0 | 55766 |
| Cidara Therapeutics Inc | Common Stock | 171757206 |  | 3404926 | 69902 | SH |  | SOLE |  | 27954 | 0 | 41948 |
| Innodata Inc | Common Stock | 457642205 |  | 3578741 | 69870 | SH |  | SOLE |  | 30670 | 0 | 39200 |
| Venu Holding Corp | Common Stock | 92333E104 |  | 809442 | 68655 | SH |  | SOLE |  | 68655 | 0 | 0 |
| Life360 Inc | Common Stock | 532206109 |  | 4325162 | 66286 | SH |  | SOLE |  | 14704 | 0 | 51582 |
| UL Solutions Inc | Common Stock | 903731107 |  | 4753386 | 65240 | SH |  | SOLE |  | 14448 | 0 | 50792 |
| Sportradar Group AG | Common Stock | H8088L103 |  | 1806639 | 64339 | SH |  | SOLE |  | 0 | 0 | 64339 |
| OptimizeRx Corp | Common Stock | 68401U204 |  | 858546 | 63596 | SH |  | SOLE |  | 63596 | 0 | 0 |
| Sagimet Biosciences Inc | Common Stock | 786700104 |  | 483207 | 63413 | SH |  | SOLE |  | 63413 | 0 | 0 |
| Scholar Rock Holding Corp | Common Stock | 80706P103 |  | 2208331 | 62347 | SH |  | SOLE |  | 14215 | 0 | 48132 |
| Willdan Group Inc | Common Stock | 96924N100 |  | 3851491 | 61614 | SH |  | SOLE |  | 13981 | 0 | 47633 |
| Rubrik Inc | Common Stock | 781154109 |  | 5450566 | 60839 | SH |  | SOLE |  | 13469 | 0 | 47370 |
| ATI Inc | Common Stock | 01741R102 |  | 5235053 | 60633 | SH |  | SOLE |  | 13434 | 0 | 47199 |
| Insmed Inc | Common Stock | 457669307 |  | 6029544 | 59912 | SH |  | SOLE |  | 13290 | 0 | 46622 |
| Corcept Therapeutics Inc | Common Stock | 218352102 |  | 4369796 | 59534 | SH |  | SOLE |  | 13196 | 0 | 46338 |
| Oklo Inc | Common Stock | 02156V109 |  | 3309065 | 59101 | SH |  | SOLE |  | 13116 | 0 | 45985 |
| GRAIL Inc | Common Stock | 384747101 |  | 2953102 | 57431 | SH |  | SOLE |  | 12996 | 0 | 44435 |
| National Fuel Gas Co | Common Stock | 636180101 |  | 4861253 | 57387 | SH |  | SOLE |  | 12706 | 0 | 44681 |
| Urban Outfitters Inc | Common Stock | 917047102 |  | 4140366 | 57077 | SH |  | SOLE |  | 12655 | 0 | 44422 |
| StoneX Group Inc | Common Stock | 861896108 |  | 5059546 | 55514 | SH |  | SOLE |  | 12289 | 0 | 43225 |
| KT Corp | Common Stock | 48268K101 |  | 1150277 | 55355 | SH |  | SOLE |  | 0 | 0 | 55355 |
| BlackSky Technology Inc | Common Stock | 09263B207 |  | 1087632 | 52849 | SH |  | SOLE |  | 52815 | 0 | 34 |
| TSS Inc/MD | Common Stock | 87288V101 |  | 1495470 | 51872 | SH |  | SOLE |  | 51843 | 0 | 29 |
| Hallador Energy Co | Common Stock | 40609P105 |  | 808248 | 51058 | SH |  | SOLE |  | 51024 | 0 | 34 |
| Westaim Corp/The | Common Stock | 830940102 |  | 2842806 | 49192 | SH |  | SOLE |  | 11086 | 0 | 38106 |
| Lightbridge Corp | Common Stock | 53224K302 |  | 645704 | 48295 | SH |  | SOLE |  | 48295 | 0 | 0 |
| Sensient Technologies Corp | Common Stock | 81725T100 |  | 4666006 | 47361 | SH |  | SOLE |  | 10488 | 0 | 36873 |
| American Public Education Inc | Common Stock | 02913V103 |  | 1425650 | 46804 | SH |  | SOLE |  | 46804 | 0 | 0 |
| Power Solutions International Inc | Common Stock | 73933G202 |  | 3003092 | 46430 | SH |  | SOLE |  | 10538 | 0 | 35892 |
| Sezzle Inc | Common Stock | 78435P105 |  | 8173262 | 45597 | SH |  | SOLE |  | 10402 | 0 | 35195 |
| Advanced Energy Industries Inc | Common Stock | 007973100 |  | 5966343 | 45029 | SH |  | SOLE |  | 9991 | 0 | 35038 |
| AngioDynamics Inc | Common Stock | 03475V101 |  | 446092 | 44969 | SH |  | SOLE |  | 44969 | 0 | 0 |
| Universal Insurance Holdings Inc | Common Stock | 91359V107 |  | 1232349 | 44441 | SH |  | SOLE |  | 44441 | 0 | 0 |
| Suntx Capital Management Corp | Common Stock | 21044C107 |  | 4712561 | 44341 | SH |  | SOLE |  | 9829 | 0 | 34512 |
| Sanmina Corp | Common Stock | 801056102 |  | 4315673 | 44114 | SH |  | SOLE |  | 9784 | 0 | 34330 |
| ALT5 Sigma Corp | Common Stock | 47089W104 |  | 313245 | 43236 | SH |  | SOLE |  | 43236 | 0 | 0 |
| Lumentum Holdings Inc | Common Stock | 55024U109 |  | 4096326 | 43092 | SH |  | SOLE |  | 9559 | 0 | 33533 |
| Vivo Capital LLC | Common Stock | 834203309 |  | 3580841 | 42741 | SH |  | SOLE |  | 9656 | 0 | 33085 |
| Cheesecake Factory Inc/The | Common Stock | 163072101 |  | 2631219 | 41992 | SH |  | SOLE |  | 9560 | 0 | 32432 |
| Optex Systems Holdings Inc | Common Stock | 68384X209 |  | 481040 | 41866 | SH |  | SOLE |  | 41866 | 0 | 0 |
| Adtalem Global Education Inc | Common Stock | 00737L103 |  | 5312870 | 41758 | SH |  | SOLE |  | 9243 | 0 | 32515 |
| Limbach Holdings Inc | Common Stock | 53263P105 |  | 5757269 | 41094 | SH |  | SOLE |  | 16327 | 0 | 24767 |
| Frequency Electronics Inc | Common Stock | 358010106 |  | 888529 | 39125 | SH |  | SOLE |  | 39125 | 0 | 0 |
| Geospace Technologies Corp | Common Stock | 37364X109 |  | 544561 | 38188 | SH |  | SOLE |  | 38188 | 0 | 0 |
| Encompass Health Corp | Common Stock | 29261A100 |  | 4663251 | 38027 | SH |  | SOLE |  | 8419 | 0 | 29608 |
| Benitec Biopharma Inc | Common Stock | 08205P209 |  | 442365 | 37809 | SH |  | SOLE |  | 37809 | 0 | 0 |
| PriceSmart Inc | Common Stock | 741511109 |  | 3948349 | 37589 | SH |  | SOLE |  | 8504 | 0 | 29085 |
| Stride Inc | Common Stock | 86333M108 |  | 5384226 | 37084 | SH |  | SOLE |  | 8206 | 0 | 28878 |
| Itron Inc | Common Stock | 465741106 |  | 4782644 | 36334 | SH |  | SOLE |  | 8063 | 0 | 28271 |
| Ducommun Inc | Common Stock | 264147109 |  | 2953444 | 35743 | SH |  | SOLE |  | 8135 | 0 | 27608 |
| Ollie's Bargain Outlet Holdings Inc | Common Stock | 681116109 |  | 4683857 | 35543 | SH |  | SOLE |  | 7873 | 0 | 27670 |
| Perma-Pipe International Holdings Inc | Common Stock | 714167103 |  | 800427 | 34999 | SH |  | SOLE |  | 34999 | 0 | 0 |
| IBEX Holdings Ltd | Common Stock | G4690M101 |  | 1015706 | 34904 | SH |  | SOLE |  | 34904 | 0 | 0 |
| Carpenter Technology Corp | Common Stock | 144285103 |  | 9496417 | 34360 | SH |  | SOLE |  | 7607 | 0 | 26753 |
| iRhythm Technologies Inc | Common Stock | 450056106 |  | 5229713 | 33968 | SH |  | SOLE |  | 7531 | 0 | 26437 |
| Donegal Mutual Insurance Co | Common Stock | 257701201 |  | 644485 | 32184 | SH |  | SOLE |  | 32184 | 0 | 0 |
| BWX Technologies Inc | Common Stock | 05605H100 |  | 4569583 | 31720 | SH |  | SOLE |  | 7042 | 0 | 24678 |
| Commvault Systems Inc | Common Stock | 204166102 |  | 5519462 | 31661 | SH |  | SOLE |  | 7018 | 0 | 24643 |
| MYR Group Inc | Common Stock | 55405W104 |  | 5385980 | 29683 | SH |  | SOLE |  | 6684 | 0 | 22999 |
| Fabrinet | Common Stock | G3323L100 |  | 8508885 | 28875 | SH |  | SOLE |  | 6406 | 0 | 22469 |
| ESCO Technologies Inc | Common Stock | 296315104 |  | 5529502 | 28819 | SH |  | SOLE |  | 6378 | 0 | 22441 |
| Byrna Technologies Inc | Common Stock | 12448X201 |  | 877702 | 28423 | SH |  | SOLE |  | 28423 | 0 | 0 |
| Cooper-Standard Holdings Inc | Common Stock | 21676P103 |  | 610471 | 28394 | SH |  | SOLE |  | 28394 | 0 | 0 |
| Dave Inc | Common Stock | 23834J201 |  | 7361144 | 27425 | SH |  | SOLE |  | 11476 | 0 | 15949 |
| CoreCard Corp | Common Stock | 45816D100 |  | 783754 | 27054 | SH |  | SOLE |  | 27054 | 0 | 0 |
| Allient Inc | Common Stock | 019330109 |  | 969187 | 26692 | SH |  | SOLE |  | 26692 | 0 | 0 |
| Sterling Infrastructure Inc | Common Stock | 859241101 |  | 6133726 | 26584 | SH |  | SOLE |  | 5898 | 0 | 20686 |
| Citi Trends Inc | Common Stock | 17306X102 |  | 885403 | 26517 | SH |  | SOLE |  | 26517 | 0 | 0 |
| Dycom Industries Inc | Common Stock | 267475101 |  | 6272758 | 25667 | SH |  | SOLE |  | 5698 | 0 | 19969 |
| Graham Corp | Common Stock | 384556106 |  | 1266367 | 25578 | SH |  | SOLE |  | 25578 | 0 | 0 |
| OSI Systems Inc | Common Stock | 671044105 |  | 5720888 | 25442 | SH |  | SOLE |  | 5636 | 0 | 19806 |
| Fluent Inc | Common Stock | 75704L104 |  | 1250074 | 25408 | SH |  | SOLE |  | 25390 | 0 | 18 |
| Centrus Energy Corp | Common Stock | 15643U104 |  | 4559533 | 24891 | SH |  | SOLE |  | 5731 | 0 | 19160 |
| Palomar Holdings Inc | Common Stock | 69753M105 |  | 3820464 | 24768 | SH |  | SOLE |  | 5582 | 0 | 19186 |
| Bel Fuse Inc | Common Stock | 077347300 |  | 2370350 | 24264 | SH |  | SOLE |  | 5514 | 0 | 18750 |
| Carriage Services Inc | Common Stock | 143905107 |  | 1105261 | 24164 | SH |  | SOLE |  | 24164 | 0 | 0 |
| Nektar Therapeutics | Common Stock | 640268306 |  | 624191 | 24156 | SH |  | SOLE |  | 24132 | 0 | 24 |
| HCI Group Inc | Common Stock | 40416E103 |  | 3624339 | 23813 | SH |  | SOLE |  | 5444 | 0 | 18369 |
| Amphitryon Ltd | Common Stock | G5S37H101 |  | 935202 | 23694 | SH |  | SOLE |  | 0 | 0 | 23694 |
| Village Super Market Inc | Common Stock | 927107409 |  | 905251 | 23513 | SH |  | SOLE |  | 23513 | 0 | 0 |
| AeroVironment Inc | Common Stock | 008073108 |  | 6675809 | 23428 | SH |  | SOLE |  | 5197 | 0 | 18231 |
| Badger Meter Inc | Common Stock | 056525108 |  | 5738444 | 23427 | SH |  | SOLE |  | 5196 | 0 | 18231 |
| Watts Water Technologies Inc | Common Stock | 942749102 |  | 5456545 | 22191 | SH |  | SOLE |  | 4920 | 0 | 17271 |
| BJ's Wholesale Club Holdings Inc | Common Stock | 05550J101 |  | 2382288 | 22093 | SH |  | SOLE |  | 4899 | 0 | 17194 |
| VSE Corp | Common Stock | 918284100 |  | 2826024 | 21576 | SH |  | SOLE |  | 4984 | 0 | 16592 |
| Argan Inc | Common Stock | 04010E109 |  | 4708130 | 21354 | SH |  | SOLE |  | 4948 | 0 | 16406 |
| Intrepid Potash Inc | Common Stock | 46121Y201 |  | 759584 | 21259 | SH |  | SOLE |  | 21259 | 0 | 0 |
| NETGEAR Inc | Common Stock | 64111Q104 |  | 588231 | 20235 | SH |  | SOLE |  | 20235 | 0 | 0 |
| Espey Mfg.  Electronics Corp | Common Stock | 296650104 |  | 919868 | 20124 | SH |  | SOLE |  | 20124 | 0 | 0 |
| BK Technologies Corp | Common Stock | 05587G203 |  | 943307 | 20015 | SH |  | SOLE |  | 19999 | 0 | 16 |
| Capital Bancorp Inc | Common Stock | 139737100 |  | 651754 | 19409 | SH |  | SOLE |  | 19409 | 0 | 0 |
| Oil-Dri Corp of America | Common Stock | 677864100 |  | 1130661 | 19167 | SH |  | SOLE |  | 19167 | 0 | 0 |
| Guaranty Bancshares Inc/TX | Common Stock | 400764106 |  | 802710 | 18914 | SH |  | SOLE |  | 18914 | 0 | 0 |
| Grand Canyon Education Inc | Common Stock | 38526M106 |  | 3525795 | 18655 | SH |  | SOLE |  | 4135 | 0 | 14520 |
| Claritev Corp | Common Stock | 62548M209 |  | 829760 | 18386 | SH |  | SOLE |  | 18386 | 0 | 0 |
| Root Inc/OH | Common Stock | 77664L207 |  | 2320096 | 18130 | SH |  | SOLE |  | 4120 | 0 | 14010 |
| Strattec Security Corp | Common Stock | 863111100 |  | 1086311 | 17462 | SH |  | SOLE |  | 17462 | 0 | 0 |
| Talen Energy Corp | Common Stock | 87422Q109 |  | 4832888 | 16621 | SH |  | SOLE |  | 3682 | 0 | 12939 |
| Brinker International Inc | Common Stock | 109641100 |  | 2838214 | 15739 | SH |  | SOLE |  | 3490 | 0 | 12249 |
| IES Holdings Inc | Common Stock | 44951W106 |  | 4574384 | 15442 | SH |  | SOLE |  | 3425 | 0 | 12017 |
| InterDigital Inc | Common Stock | 45867G101 |  | 3224203 | 14379 | SH |  | SOLE |  | 3186 | 0 | 11193 |
| Stantec Inc | Common Stock | 85472N109 |  | 1324897 | 12201 | SH |  | SOLE |  | 0 | 0 | 12201 |
| Onity Group Inc | Common Stock | 675746606 |  | 452238 | 11848 | SH |  | SOLE |  | 11848 | 0 | 0 |
| Seneca Foods Corp | Common Stock | 817070501 |  | 1130234 | 11143 | SH |  | SOLE |  | 11143 | 0 | 0 |
| Esquire Financial Holdings Inc | Common Stock | 29667J101 |  | 1009170 | 10661 | SH |  | SOLE |  | 10661 | 0 | 0 |
| NewMarket Corp | Common Stock | 651587107 |  | 4321329 | 6255 | SH |  | SOLE |  | 1386 | 0 | 4869 |
| Elbit Systems Ltd | Common Stock | M3760D101 |  | 1755349 | 3946 | SH |  | SOLE |  | 0 | 0 | 3946 |
| Nathan's Famous Inc | Common Stock | 632347100 |  | 1019879 | 9223 | SH |  | SOLE |  | 9223 | 0 | 0 |
| Nutex Health Inc | Common Stock | 67079U306 |  | 632534 | 5081 | SH |  | SOLE |  | 5081 | 0 | 0 |
| Northrim BanCorp Inc | Common Stock | 666762109 |  | 410157 | 4398 | SH |  | SOLE |  | 4398 | 0 | 0 |
| Advent International LP | Common Stock | 628877201 |  | 284226 | 9625 | SH |  | SOLE |  | 9625 | 0 | 0 |

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