# EDGAR Filing Document

**Accession Number:** 0001474103
**File Stem:** 0001752724-23-043215
**Filing Date:** 2023-2
**Character Count:** 136292
**Document Hash:** 00840985ffcfa3a4ddc6462ca383c778
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-043215.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-043215

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Legg Mason Global Asset Management Trust
- **CENTRAL INDEX KEY:** 0001474103
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22338
- **FILM NUMBER:** 23674219

**BUSINESS ADDRESS:**
- **STREET 1:** 100 INTERNATIONAL DRIVE
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202
- **BUSINESS PHONE:** 410-539-0000

**MAIL ADDRESS:**
- **STREET 1:** 100 INTERNATIONAL DRIVE
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21202

## Series and Classes Contracts Data

### BrandywineGLOBAL - Diversified US Large Cap Value Fund (Series ID: S000029727)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000091408 | Class A      | LBWAX           |
| C000091409 | Class C      | LBWCX           |
| C000091411 | Class R      | LBDRX           |
| C000091413 | Class I      | LBWIX           |
| C000091414 | Class IS     | LBISX           |

## Nport-Ex

**BRANDYWINEGLOBAL – DIVERSIFIED US LARGE CAP VALUE FUND** 

(Percentages shown based on Fund net assets)

---

| | |
|:---|:---|
| **Schedule of investments (unaudited)** | **December 31, 2022** |

---

---

| | | | |
|:---|:---|:---|:---|
| **SECURITY** | **SHARES** | **VALUE** |  |
| **COMMON STOCKS - 96.4%** |  |  |  |
| **COMMUNICATION SERVICES - 3.7%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Diversified Telecommunication Services - 1.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AT&T Inc. | 133700 | $2461417 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Frontier Communications Parent Inc. | 4600 | 117208 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Diversified Telecommunication Services* |  | *2578625* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Media - 2.3%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comcast Corp., Class A Shares | 84300 | 2947971 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fox Corp., Class A Shares | 8000 | 242960 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interpublic Group of Cos. Inc. | 7200 | 239832 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; News Corp., Class A Shares | 5700 | 103740 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nexstar Media Group Inc., Class A Shares | 700 | 122521 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Omnicom Group Inc. | 5100 | 416007 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Media* |  | *4073031* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL COMMUNICATION SERVICES** |  | 6651656 |  |
| **CONSUMER DISCRETIONARY - 6.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Auto Components - 0.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BorgWarner Inc. | 4400 | 177100 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lear Corp. | 1100 | 136422 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Auto Components* |  | *313522* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Automobiles - 1.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ford Motor Co. | 92100 | 1071123 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General Motors Co. | 26500 | 891460 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Harley-Davidson Inc. | 2700 | 112320 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Automobiles* |  | *2074903* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Distributors - 0.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; LKQ Corp. | 7000 | *373870* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Diversified Consumer Services - 0.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Corp. International | 4200 | *290388* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Hotels, Restaurants & Leisure - 0.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Boyd Gaming Corp. | 1900 | *103607* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Household Durables - 1.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; DR Horton Inc. | 8500 | 757690 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lennar Corp., Class A Shares | 6500 | 588250 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NVR Inc. | 70 | 322880 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PulteGroup Inc. | 6400 | 291392 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TopBuild Corp. | 100 | 15649 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Whirlpool Corp. | 1500 | 212190 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Household Durables* |  | *2188051* | |

---

**See Notes to Schedule of Investments.** 

BrandywineGLOBAL – Diversified US Large Cap Value Fund 2022 Quarterly Report 1

------

**BRANDYWINEGLOBAL – DIVERSIFIED US LARGE CAP VALUE FUND** 

(Percentages shown based on Fund net assets)

---

| | |
|:---|:---|
| **Schedule of investments (unaudited) (cont'd)** | **December 31, 2022** |

---

---

| | | | |
|:---|:---|:---|:---|
| **SECURITY** | **SHARES** | **VALUE** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Leisure Products - 0.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brunswick Corp. | 1800 | $129744 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Polaris Inc. | 1100 | 111100 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Leisure Products* |  | *240844* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Multiline Retail - 0.0%††** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Macy's Inc. | 4700 | *97055* |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Specialty Retail - 2.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AutoNation Inc. | 2000 | 214600 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bath & Body Works Inc. | 4300 | 181202 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Best Buy Co. Inc. | 4200 | 336882 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dick's Sporting Goods Inc. | 1100 | 132319 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lowe's Cos. Inc. | 17200 | 3426928 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Penske Automotive Group Inc. | 1400 | 160902 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Williams-Sonoma Inc. | 1100 | 126412 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Specialty Retail* |  | *4579245* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Textiles, Apparel & Luxury Goods - 0.3%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capri Holdings Ltd. | 2600 | 149032 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ralph Lauren Corp. | 800 | 84536 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Skechers U.S.A. Inc., Class A Shares | 2500 | 104875 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tapestry Inc. | 4500 | 171360 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Textiles, Apparel & Luxury Goods* |  | *509803* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL CONSUMER DISCRETIONARY** |  | 10771288 |  |
| **CONSUMER STAPLES - 5.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Beverages - 0.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Molson Coors Beverage Co., Class B Shares | 3800 | *195776* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Food & Staples Retailing - 0.6%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kroger Co. | 13500 | 601830 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Walgreens Boots Alliance Inc. | 16000 | 597760 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Food & Staples Retailing* |  | *1199590* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Food Products - 2.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co. | 13000 | 1207050 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Conagra Brands Inc. | 9000 | 348300 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Darling Ingredients Inc. | 3000 | 187770 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ingredion Inc. | 1200 | 117516 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kellogg Co. | 5800 | 413192 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kraft Heinz Co. | 22800 | 928188 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tyson Foods Inc., Class A Shares | 5400 | 336150 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Food Products* |  | *3538166* | |

---

**See Notes to Schedule of Investments.** 

2 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BrandywineGLOBAL – Diversified US Large Cap Value Fund 2022 Quarterly Report

------

**BRANDYWINEGLOBAL – DIVERSIFIED US LARGE CAP VALUE FUND** 

(Percentages shown based on Fund net assets)

---

| | |
|:---|:---|
| **Schedule of investments (unaudited) (cont'd)** | **December 31, 2022** |

---

---

| | | | |
|:---|:---|:---|:---|
| **SECURITY** | **SHARES** | **VALUE** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Tobacco - 2.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Altria Group Inc. | 33800 | $1544998 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Philip Morris International Inc. | 28600 | 2894606 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Tobacco* |  | *4439604* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL CONSUMER STAPLES** |  | 9373136 |  |
| **ENERGY - 11.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Oil, Gas & Consumable Fuels - 11.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; APA Corp. | 6300 | 294084 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chevron Corp. | 12200 | 2189778 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ConocoPhillips | 23200 | 2737600 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Devon Energy Corp. | 12200 | 750422 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diamondback Energy Inc. | 2600 | 355628 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EOG Resources Inc. | 13600 | 1761472 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exxon Mobil Corp. | 73600 | 8118080 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kinder Morgan Inc. | 42000 | 759360 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marathon Oil Corp. | 13400 | 362738 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Occidental Petroleum Corp. | 16900 | 1064531 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ONEOK Inc. | 7700 | 505890 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ovintiv Inc. | 4600 | 233266 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PDC Energy Inc. | 1700 | 107916 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pioneer Natural Resources Co. | 4500 | 1027755 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Range Resources Corp. | 4500 | 112590 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valero Energy Corp. | 7600 | 964136 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL ENERGY** |  | 21345246 |  |
| **FINANCIALS - 22.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Banks - 9.7%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank of America Corp. | 158000 | 5232960 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BOK Financial Corp. | 1200 | 124548 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comerica Inc. | 2500 | 167125 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commerce Bancshares Inc. | 2310 | 157242 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; East-West Bancorp Inc. | 2600 | 171340 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fifth Third Bancorp | 13200 | 433092 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Huntington Bancshares Inc. | 26900 | 379290 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Chase & Co. | 54800 | 7348680 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; KeyCorp | 18200 | 317044 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pinnacle Financial Partners Inc. | 600 | 44040 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PNC Financial Services Group Inc. | 7700 | 1216138 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prosperity Bancshares Inc. | 1700 | 123556 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regions Financial Corp. | 17600 | 379456 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Synovus Financial Corp. | 1100 | 41305 |  |

---

**See Notes to Schedule of Investments.** 

BrandywineGLOBAL – Diversified US Large Cap Value Fund 2022 Quarterly Report 3

------

**BRANDYWINEGLOBAL – DIVERSIFIED US LARGE CAP VALUE FUND** 

(Percentages shown based on Fund net assets)

---

| | |
|:---|:---|
| **Schedule of investments (unaudited) (cont'd)** | **December 31, 2022** |

---

---

| | | | |
|:---|:---|:---|:---|
| **SECURITY** | **SHARES** | **VALUE** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Banks - continued** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Truist Financial Corp. | 24600 | $1058538 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Zions Bancorp NA | 3100 | 152396 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Banks* |  | *17346750* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Capital Markets - 4.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ameriprise Financial Inc. | 2000 | 622740 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank of New York Mellon Corp. | 16300 | 741976 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goldman Sachs Group Inc. | 6300 | 2163294 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Invesco Ltd. | 8400 | 151116 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jefferies Financial Group Inc. | 5000 | 171400 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Morgan Stanley | 31500 | 2678130 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northern Trust Corp. | 3700 | 327413 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SEI Investments Co. | 2600 | 151580 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;T. Rowe Price Group Inc. | 4200 | 458052 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Capital Markets* |  | *7465701* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Consumer Finance - 1.7%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Express Co. | 14200 | 2098050 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit Acceptance Corp. | 300 | 142320 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discover Financial Services | 5500 | 538065 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Synchrony Financial | 8400 | 276024 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Consumer Finance* |  | *3054459* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Diversified Financial Services - 0.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equitable Holdings Inc. | 8100 | 232470 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Voya Financial Inc. | 2500 | 153725 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Diversified Financial Services* |  | *386195* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Insurance - 6.3%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Aflac Inc. | 12700 | 913638 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allstate Corp. | 5400 | 732240 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Financial Group Inc. | 1500 | 205920 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arch Capital Group Ltd. | 7300 | 458294 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assurant Inc. | 1100 | 137566 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chubb Ltd. | 8200 | 1808920 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cincinnati Financial Corp. | 3000 | 307170 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Everest Re Group Ltd. | 700 | 231889 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fidelity National Financial Inc. | 5300 | 199386 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Globe Life Inc. | 1700 | 204935 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hartford Financial Services Group Inc. | 6500 | 492895 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loews Corp. | 4900 | 285817 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Markel Corp. | 280 | 368897 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MetLife Inc. | 16500 | 1194105 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Old Republic International Corp. | 5700 | 137655 |  |

---

**See Notes to Schedule of Investments.** 

4 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BrandywineGLOBAL – Diversified US Large Cap Value Fund 2022 Quarterly Report

------

**BRANDYWINEGLOBAL – DIVERSIFIED US LARGE CAP VALUE FUND** 

(Percentages shown based on Fund net assets)

---

| | |
|:---|:---|
| **Schedule of investments (unaudited) (cont'd)** | **December 31, 2022** |

---

---

| | | | |
|:---|:---|:---|:---|
| **SECURITY** | **SHARES** | **VALUE** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Insurance - continued** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Principal Financial Group Inc. | 5100 | $427992 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prudential Financial Inc. | 7200 | 716112 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reinsurance Group of America Inc. | 1200 | 170508 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; RenaissanceRe Holdings Ltd. | 800 | 147384 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Travelers Cos. Inc. | 8600 | 1612414 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unum Group | 3700 | 151811 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WR Berkley Corp. | 5000 | 362850 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Insurance* |  | *11268398* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Thrifts & Mortgage Finance - 0.0%††** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UWM Holdings Corp. | 1600 | *5296* |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL FINANCIALS** |  | 39526799 |  |
| **HEALTH CARE - 22.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Biotechnology - 7.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AbbVie Inc. | 33100 | 5349291 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amgen Inc. | 10000 | 2626400 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Biogen Inc. | 1900 | 526148 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gilead Sciences Inc. | 21800 | 1871530 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Moderna Inc. | 7100 | 1275302 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regeneron Pharmaceuticals Inc. | 1900 | 1370831 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Biotechnology* |  | *13019502* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Health Care Equipment & Supplies - 0.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hologic Inc. | 4400 | *329164* | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Health Care Providers & Services - 7.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AmerisourceBergen Corp. | 4800 | 795408 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cardinal Health Inc. | 4300 | 330541 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Centene Corp. | 10600 | 869306 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cigna Corp. | 6300 | 2087442 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CVS Health Corp. | 24500 | 2283155 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Elevance Health Inc. | 5800 | 2975226 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; HCA Healthcare Inc. | 7800 | 1871688 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Henry Schein Inc. | 2500 | 199675 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Laboratory Corp. of America Holdings | 2300 | 541604 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; McKesson Corp. | 3800 | 1425456 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Quest Diagnostics Inc. | 3200 | 500608 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Universal Health Services Inc., Class B Shares | 1800 | 253602 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Health Care Providers & Services* |  | *14133711* | |

---

**See Notes to Schedule of Investments.** 

BrandywineGLOBAL – Diversified US Large Cap Value Fund 2022 Quarterly Report 5

------

**BRANDYWINEGLOBAL – DIVERSIFIED US LARGE CAP VALUE FUND** 

(Percentages shown based on Fund net assets)

---

| | |
|:---|:---|
| **Schedule of investments (unaudited) (cont'd)** | **December 31, 2022** |

---

---

| | | | |
|:---|:---|:---|:---|
| **SECURITY** | **SHARES** | **VALUE** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Pharmaceuticals - 7.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co. | 39700 | $2856415 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Merck & Co. Inc. | 42300 | 4693185 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pfizer Inc. | 105200 | 5390448 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Pharmaceuticals* |  | *12940048* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL HEALTH CARE** |  | 40422425 |  |
| **INDUSTRIALS - 6.8%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Aerospace & Defense - 0.3%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Huntington Ingalls Industries Inc. | 700 | 161476 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Textron Inc. | 5500 | 389400 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Aerospace & Defense* |  | *550876* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Air Freight & Logistics - 2.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CH Robinson Worldwide Inc. | 2200 | 201432 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expeditors International of Washington Inc. | 3000 | 311760 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FedEx Corp. | 4700 | 814040 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Parcel Service Inc., Class B Shares | 13600 | 2364224 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Air Freight & Logistics* |  | *3691456* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Building Products - 0.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Builders FirstSource Inc. | 2700 | 175176 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Carlisle Cos. Inc. | 900 | 212085 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Carrier Global Corp. | 14000 | 577500 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fortune Brands Innovations Inc. | 2300 | 131353 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Masco Corp. | 6200 | 289354 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Owens Corning | 2500 | 213250 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Building Products* |  | *1598718* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Electrical Equipment - 0.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sensata Technologies Holding PLC | 2800 | *113064* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Machinery - 2.7%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AGCO Corp. | 1400 | 194166 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Caterpillar Inc. | 7800 | 1868568 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cummins Inc. | 2600 | 629954 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dover Corp. | 2300 | 311443 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oshkosh Corp. | 1000 | 88190 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PACCAR Inc. | 6500 | 643305 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Parker-Hannifin Corp. | 2400 | 698400 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pentair PLC | 3100 | 139438 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Snap-on Inc. | 1300 | 297037 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Machinery* |  | *4870501* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Professional Services - 0.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CACI International Inc., Class A Shares | 300 | 90177 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Leidos Holdings Inc. | 2200 | 231418 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Professional Services* |  | *321595* | |

---

**See Notes to Schedule of Investments.** 

6 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BrandywineGLOBAL – Diversified US Large Cap Value Fund 2022 Quarterly Report

------

**BRANDYWINEGLOBAL – DIVERSIFIED US LARGE CAP VALUE FUND** 

(Percentages shown based on Fund net assets)

---

| | |
|:---|:---|
| **Schedule of investments (unaudited) (cont'd)** | **December 31, 2022** |

---

---

| | | | |
|:---|:---|:---|:---|
| **SECURITY** | **SHARES** | **VALUE** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Road & Rail - 0.3%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Knight-Swift Transportation Holdings Inc. | 3100 | $162471 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Landstar System Inc. | 700 | 114030 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U-Haul Holding Co. | 400 | 24076 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U-Haul Holding Co., Non Voting Shares | 3700 | 203426 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Road & Rail* |  | *504003* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Trading Companies & Distributors - 0.2%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Rentals Inc. | 1300 | *462046* | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL INDUSTRIALS** |  | 12112259 |  |
| **INFORMATION TECHNOLOGY - 9.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Communications Equipment - 2.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cisco Systems Inc. | 77600 | *3696864* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Electronic Equipment, Instruments & Components - 0.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arrow Electronics Inc. | 1800 | 188226 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corning Inc. | 15800 | 504652 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jabil Inc. | 3600 | 245520 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Electronic Equipment, Instruments & Components* |  | *938398* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **IT Services - 2.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; DXC Technology Co. | 4300 | 113950 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fidelity National Information Services Inc. | 9100 | 617435 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fiserv Inc. | 9900 | 1000593 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FleetCor Technologies Inc. | 1400 | 257152 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Global Payments Inc. | 1300 | 129116 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; International Business Machines Corp. | 15600 | 2197884 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Western Union Co. | 6000 | 82620 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total IT Services* |  | *4398750* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Semiconductors & Semiconductor Equipment - 3.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Applied Materials Inc. | 15800 | 1538604 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; KLA Corp. | 2400 | 904872 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lam Research Corp. | 2500 | 1050750 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; QUALCOMM Inc. | 17100 | 1879974 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Semiconductors & Semiconductor Equipment* |  | *5374200* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Technology Hardware, Storage & Peripherals - 1.0%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dell Technologies Inc., Class C Shares | 4500 | 180990 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co. | 30900 | 493164 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; HP Inc. | 30400 | 816848 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NetApp Inc. | 3800 | 228228 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Technology Hardware, Storage & Peripherals* |  | *1719230* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL INFORMATION TECHNOLOGY** |  | 16127442 |  |

---

**See Notes to Schedule of Investments.** 

BrandywineGLOBAL – Diversified US Large Cap Value Fund 2022 Quarterly Report 7

------

**BRANDYWINEGLOBAL – DIVERSIFIED US LARGE CAP VALUE FUND** 

(Percentages shown based on Fund net assets)

---

| | |
|:---|:---|
| **Schedule of investments (unaudited) (cont'd)** | **December 31, 2022** |

---

---

| | | | |
|:---|:---|:---|:---|
| **SECURITY** | **SHARES** | **VALUE** |  |
| **MATERIALS - 4.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chemicals - 1.4% |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CF Industries Holdings Inc. | 3700 | $315240 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dow Inc. | 13100 | 660109 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Eastman Chemical Co. | 2200 | 179168 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FMC Corp. | 2200 | 274560 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Huntsman Corp. | 2100 | 57708 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; LyondellBasell Industries NV, Class A Shares | 6100 | 506483 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mosaic Co. | 8900 | 390443 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Olin Corp. | 2500 | 132350 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Chemicals* |  | *2516061* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Containers & Packaging - 1.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amcor PLC | 37500 | 446625 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Berry Global Group Inc. | 2300 | 138989 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Crown Holdings Inc. | 3200 | 263072 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Graphic Packaging Holding Co. | 5700 | 126825 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; International Paper Co. | 6600 | 228558 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Packaging Corp. of America | 2200 | 281402 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sealed Air Corp. | 3800 | 189544 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sonoco Products Co. | 1800 | 109278 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Westrock Co. | 4400 | 154704 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Containers & Packaging* |  | *1938997* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Metals & Mining - 1.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc. | 26700 | 1014600 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Newmont Corp. | 13700 | 646640 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nucor Corp. | 7000 | 922670 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reliance Steel & Aluminum Co. | 1400 | 283416 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Steel Dynamics Inc. | 5000 | 488500 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States Steel Corp. | 4400 | 110220 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Metals & Mining* |  | *3466046* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL MATERIALS** |  | 7921104 |  |
| **REAL ESTATE - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Real Estate Management & Development - 0.4%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CBRE Group Inc., Class A Shares | 5900 | 454064 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jones Lang LaSalle Inc. | 1300 | 207181 | \* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL REAL ESTATE** |  | 661245 |  |
| **UTILITIES - 4.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Electric Utilities - 2.8%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alliant Energy Corp. | 4700 | 259487 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Duke Energy Corp. | 14300 | 1472757 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Edison International | 6500 | 413530 |  |

---

**See Notes to Schedule of Investments.** 

8 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BrandywineGLOBAL – Diversified US Large Cap Value Fund 2022 Quarterly Report

------

**BRANDYWINEGLOBAL – DIVERSIFIED US LARGE CAP VALUE FUND** 

(Percentages shown based on Fund net assets)

---

| | |
|:---|:---|
| **Schedule of investments (unaudited) (cont'd)** | **December 31, 2022** |

---

---

| | | | |
|:---|:---|:---|:---|
| **SECURITY** | **SHARES** | **VALUE** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Electric Utilities - continued** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entergy Corp. | 3700 | $416250 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Evergy Inc. | 4300 | 270599 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Eversource Energy | 5900 | 494656 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exelon Corp. | 23000 | 994290 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OGE Energy Corp. | 3800 | 150290 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pinnacle West Capital Corp. | 2100 | 159684 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; PPL Corp. | 13700 | 400314 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Electric Utilities* |  | *5031857* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Gas Utilities - 0.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; National Fuel Gas Co. | 1400 | 88620 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UGI Corp. | 3900 | 144573 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Gas Utilities* |  | *233193* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Independent Power and Renewable Electricity Producers - 0.1%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vistra Corp. | 8500 | *197200* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Multi-Utilities - 1.5%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dominion Energy Inc. | 14900 | 913668 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Service Enterprise Group Inc. | 12300 | 753621 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sempra Energy | 5900 | 911786 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Total Multi-Utilities* |  | *2579075* | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL UTILITIES** |  | 8041325 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL COMMON STOCKS**<br>(Cost - $137,976,532) |  | 172953925 |  |
| **INVESTMENTS IN UNDERLYING FUNDS - 2.7%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; iShares Trust - iShares Russell 1000 Value ETF |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Cost - $4,669,890) | 31350 | 4754228 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS**<br> (Cost - $142,646,422) |  | 177708153 |  |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **RATE** | | |
| **SHORT-TERM INVESTMENTS - 0.9%** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Western Asset Premier Institutional U.S. Treasury Reserves, Premium Shares<br>(Cost - $1,606,245) | 4.024% | 1606245 | 1606245 <sup>(a)(b)</sup> |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL INVESTMENTS - 100.0%**<br> (Cost - $144,252,667) |  |  | 179314398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Assets in Excess of Liabilities - 0.0%†† |  |  | 44920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TOTAL NET ASSETS - 100.0%** |  |  | $179359318 |

---

---

| | |
|:---|:---|
| †† | Represents less than 0.1%.  |

---

\* Non-income producing security.

(a) Rate shown is one-day yield as of the end of the reporting period.

(b) In this instance, as defined in the Investment Company Act of 1940, an "Affiliated Company"
represents Fund ownership of at least 5% of the outstanding voting securities of an issuer, or a company which is under common ownership or control with the Fund. At December 31, 2022, the total market value of investments in Affiliated
Companies was $1,606,245 and the cost was $1,606,245 (Note 2).

**See Notes to Schedule of Investments.** 

BrandywineGLOBAL – Diversified US Large Cap Value Fund 2022 Quarterly Report 9

------

**BRANDYWINEGLOBAL – DIVERSIFIED US LARGE CAP VALUE FUND** 

(Percentages shown based on Fund net assets)

---

| | |
|:---|:---|
| **Schedule of investments (unaudited) (cont'd)** | **December 31, 2022** |

---

<u>Abbreviation(s) used in this schedule:</u> 

 <br> ETF — Exchange-Traded Fund

This Schedule of Investments is unaudited and is intended to provide information about the Fund's investments as of the date of the schedule. Other information regarding the Fund is available in the Fund's most recent annual or semi-annual shareholder report.

**See Notes to Schedule of Investments.** 

10 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BrandywineGLOBAL – Diversified US Large Cap Value Fund 2022 Quarterly Report

------

**Notes to Schedule of Investments (unaudited)** 

**1. Organization and significant accounting policies** 

BrandywineGLOBAL – Diversified US Large Cap Value Fund (the "Fund") is a separate diversified investment series of Legg Mason Global Asset Management Trust (the "Trust"). The Trust, a Maryland statutory trust, is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management investment company.

The Fund follows the accounting and reporting guidance in Financial Accounting Standards Board ("FASB") Accounting Standards Codification Topic 946, *Financial Services –Investment Companies* ("ASC 946"). The following are significant accounting policies consistently followed by the Fund and are in conformity with U.S. generally accepted accounting principles ("GAAP"), including, but not limited to, ASC 946.

**(a) Investment valuation.** Equity securities, including exchange-traded funds ("ETF"), for which market quotations are available are valued at the last reported sales price or official closing price on the primary market or exchange on which they trade. The valuations for fixed income securities (which may include, but are not limited to, corporate, government, municipal, mortgage-backed, collateralized mortgage obligations and asset-backed securities) and certain derivative instruments are typically the prices supplied by independent third party pricing services, which may use market prices or broker/dealer quotations or a variety of valuation techniques and methodologies. The independent third party pricing services typically use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar securities. Investments in open-end funds are valued at the closing net asset value per share of each fund on the day of valuation. When the Fund holds securities or other assets that are denominated in a foreign currency, the Fund will normally use the currency exchange rates as of 4:00 p.m. (Eastern Time). If independent third party pricing services are unable to supply prices for a portfolio investment, or if the prices supplied are deemed by the manager to be unreliable, the market price may be determined by the manager using quotations from one or more broker/dealers or at the transaction price if the security has recently been purchased and no value has yet been obtained from a pricing service or pricing broker. When reliable prices are not readily available, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, the Fund values these securities as determined in accordance with procedures approved by the Fund's Board of Trustees.

Pursuant to policies adopted by the Board of Trustees, the Fund's manager has been designated as the valuation designee and is responsible for the oversight of the daily valuation process. The Fund's manager is assisted by the Global Fund Valuation Committee (the "Valuation Committee"). The Valuation Committee is responsible for making fair value determinations, evaluating the effectiveness of the Fund's pricing policies, and reporting to the Fund's manager and the Board of Trustees. When determining the reliability of third party pricing information for investments owned by the Fund, the Valuation Committee, among other things, conducts due diligence reviews of pricing vendors, monitors the daily change in prices and reviews transactions among market participants.

<br>11<br>

------

**Notes to Schedule of Investments (unaudited) (cont'd)** 

The Valuation Committee will consider pricing methodologies it deems relevant and appropriate when making fair value determinations. Examples of possible methodologies include, but are not limited to, multiple of earnings; discount from market of a similar freely traded security; discounted cash-flow analysis; book value or a multiple thereof; risk premium/yield analysis; yield to maturity; and/or fundamental investment analysis. The Valuation Committee will also consider factors it deems relevant and appropriate in light of the facts and circumstances. Examples of possible factors include, but are not limited to, the type of security; the issuer's financial statements; the purchase price of the security; the discount from market value of unrestricted securities of the same class at the time of purchase; analysts' research and observations from financial institutions; information regarding any transactions or offers with respect to the security; the existence of merger proposals or tender offers affecting the security; the price and extent of public trading in similar securities of the issuer or comparable companies; and the existence of a shelf registration for restricted securities.

For each portfolio security that has been fair valued pursuant to the policies adopted by the Board of Trustees, the fair value price is compared against the last available and next available market quotations. The Valuation Committee reviews the results of such back testing monthly and fair valuation occurrences are reported to the Board of Trustees quarterly.

The Fund uses valuation techniques to measure fair value that are consistent with the market approach and/or income approach, depending on the type of security and the particular circumstance. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable securities. The income approach uses valuation techniques to discount estimated future cash flows to present value.

GAAP establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are summarized in the three broad levels listed below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – unadjusted quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – other significant observable inputs (including quoted prices for similar investments,
interest rates, prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the
fair value of investments)

The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

<br>12<br>

------

**Notes to Schedule of Investments (unaudited) (cont'd)** 

The following is a summary of the inputs used in valuing the Fund's assets carried at fair value:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** | **ASSETS** |
| **DESCRIPTION** | **QUOTED PRICES<br>(LEVEL 1)** | **OTHER SIGNIFICANT<br>OBSERVABLE INPUTS<br>(LEVEL 2)** | **SIGNIFICANT<br>UNOBSERVABLE<br>INPUTS<br>(LEVEL 3)** | **TOTAL** |
|  Long-Term Investments†: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | $172953925 |  |  | $172953925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments in Underlying Funds | 4754228 |  |  | 4754228 |
|  Total Long-Term Investments | 177708153 |  |  | 177708153 |
|  Short-Term Investments† | 1606245 |  |  | 1606245 |
|  Total Investments | $179314398 |  |  | $179314398 |

---

† See Schedule of Investments for additional detailed categorizations.

**2. Transactions with affiliated company** 

As defined by the 1940 Act, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is under common ownership or control with the Fund. The following company was considered an affiliated company for all or some portion of the period ended December 31, 2022. The following transactions were effected in such company for the period ended December 31, 2022.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Affiliate<br>Value at<br>September 30,**<br>**2022** | **Purchased** | **Purchased** | **Sold** | **Sold** | **Realized<br>Gain (loss)** | **Dividend<br>Income** | **Net Increase<br>(Decrease) In<br>Unrealized<br>Appreciation<br>(Depreciation)** | **Affiliate<br>Value at<br>December 31,<br>2022** |
|  | **Affiliate<br>Value at<br>September 30,**<br>**2022** | **Cost** | **Shares** | **Proceeds** | **Shares** | **Realized<br>Gain (loss)** | **Dividend<br>Income** | **Net Increase<br>(Decrease) In<br>Unrealized<br>Appreciation<br>(Depreciation)** | **Affiliate<br>Value at<br>December 31,<br>2022** |
|  Western Asset Premier Institutional U.S. Treasury Reserves, Premium Shares | $1329628 | $17461374 | 17461374 | $17184757 | 17184757 |  | $13558 |  | $1606245 |

---

<br>13<br>

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Legg Mason Global Asset Management Trust

- **b. Investment Company Act file number:** 811-22338

- **c. CIK number of Registrant:** 0001474103

- **d. LEI of Registrant:** 549300BI5I8NVF50DG69

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

  - **Street Address 1:** 620 Eighth Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10018

  - **Telephone number:** 1-877-656-3863

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

- **a. Name of Series:** BrandywineGLOBAL - Diversified US Large Cap Value Fund

- **b. EDGAR series identifier (if any):** S000029727

- **c. LEI of Series:** 549300U8GEGSJ5BLBC59

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

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-30

**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:** $179464857.73

**Total Liabilities:** $460413.72

**Net Assets:** $179004444.01

**Cash Not Reported:** $248636.60

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000091408 | 13.84%               | 6.33%                | -4.15%               |
| Class ID C000091414 | 13.87%               | 6.42%                | -4.13%               |
| Class ID C000091409 | 13.68%               | 6.35%                | -4.25%               |
| Class ID C000091411 | 13.79%               | 6.34%                | -4.17%               |
| Class ID C000091413 | 13.88%               | 6.37%                | -4.15%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1210815.69              | $20480878.88                               |
| Month 2  | $2012595.16              | $8689240.89                                |
| Month 3  | $2836159.28              | $-10756409.39                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BOK Financial Corp                                       | BOK Financial Corp                                       | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |      1200 | NS      | $124548.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                            | Owens Corning                                            | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |      2500 | NS      | $213250.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                                              | Ovintiv Inc                                              | CUSIP: 69047Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4600 | NS      | $233266.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                                             | QUALCOMM Inc                                             | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     17100 | NS      | $1879974.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc                           | Fortune Brands Innovations Inc                           | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |      2300 | NS      | $131353.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                                      | Leidos Holdings Inc                                      | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      2200 | NS      | $231418.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                                               | PACCAR Inc                                               | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |      6500 | NS      | $643305.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co/The                                            | Mosaic Co/The                                            | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |      8900 | NS      | $390443.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial In                           | Fidelity National Financial Inc                          | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |      5300 | NS      | $199386.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                                      | Global Payments Inc                                      | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |      1300 | NS      | $129116.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                                        | Kinder Morgan Inc                                        | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     42000 | NS      | $759360.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                                   | Arch Capital Group Ltd                                   | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |      7300 | NS      | $458294.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America                                | Packaging Corp of America                                | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      2200 | NS      | $281402.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc                                           | CBRE Group Inc                                           | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      5900 | NS      | $454064.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp                                             | Centene Corp                                             | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     10600 | NS      | $869306.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                                      | Gilead Sciences Inc                                      | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     21800 | NS      | $1871530.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                                         | Altria Group Inc                                         | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     33800 | NS      | $1544998.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                                     | Edison International                                     | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |      6500 | NS      | $413530.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co                                            | Ford Motor Co                                            | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     92100 | NS      | $1071123.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                                         | Duke Energy Corp                                         | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     14300 | NS      | $1472757.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co/The                                     | Western Union Co/The                                     | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |      6000 | NS      | $82620.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NUCOR CORP                                               | NUCOR CORP                                               | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      7000 | NS      | $922670.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERISOURCEBERGEN CORP                                   | AMERISOURCEBERGEN CORP                                   | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      4800 | NS      | $795408.00    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                                      | Carrier Global Corp                                      | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     14000 | NS      | $577500.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp/DE                                        | Brunswick Corp/DE                                        | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |      1800 | NS      | $129744.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                                       | Steel Dynamics Inc                                       | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      5000 | NS      | $488500.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSTATE CORP                                            | ALLSTATE CORP                                            | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      5400 | NS      | $732240.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorp NA                                         | Zions Bancorp NA                                         | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |      3100 | NS      | $152396.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                                    | Dell Technologies Inc                                    | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      4500 | NS      | $180990.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                                              | Invesco Ltd                                              | CUSIP: 000000000<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | US        |      8400 | NS      | $151116.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                             | Chevron Corp                                             | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12200 | NS      | $2189778.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                                       | HCA Healthcare Inc                                       | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      7800 | NS      | $1871688.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd                                       | Capri Holdings Ltd                                       | CUSIP: 000000000<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | GB        |      2600 | NS      | $149032.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                                      | Synchrony Financial                                      | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |      8400 | NS      | $276024.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LOEWS CORP                                               | LOEWS CORP                                               | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |      4900 | NS      | $285817.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Comerica Inc                                             | Comerica Inc                                             | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |      2500 | NS      | $167125.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                                            | Kroger Co/The                                            | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     13500 | NS      | $601830.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellogg Co                                               | Kellogg Co                                               | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |      5800 | NS      | $413192.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co Inc                                          | Best Buy Co Inc                                          | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      4200 | NS      | $336882.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings Inc                                       | Crown Holdings Inc                                       | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      3200 | NS      | $263072.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ISHARES RUSSELL 1000 VALUE ETF                           | ISHARES RUSSELL 1000 VALUE ETF                           | CUSIP: 464287598<br>LEI: 549300KLSYN5NN4YNM90 | Long             | EC               | RF                | US        |     30450 | NS      | $4617742.50   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp                                               | Dover Corp                                               | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |      2300 | NS      | $311443.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp                               | Pinnacle West Capital Corp                               | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |      2100 | NS      | $159684.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services                              | Discover Financial Services                              | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |      5500 | NS      | $538065.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp                                                | Lear Corp                                                | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |      1100 | NS      | $136422.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co                                        | U-Haul Holding Co                                        | CUSIP: 023586100<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |       400 | NS      | $24076.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp                                        | Lam Research Corp                                        | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      2500 | NS      | $1050750.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| LABORATORY CRP OF AMER HLDGS                             | LABORATORY CRP OF AMER HLDGS                             | CUSIP: 50540R409<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | EC               | CORP              | US        |      2300 | NS      | $541604.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods Inc                                | Dick's Sporting Goods Inc                                | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |      1100 | NS      | $132319.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                                        | Cisco Systems Inc                                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     77600 | NS      | $3696864.00   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Re Group Ltd                                     | Everest Re Group Ltd                                     | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |       700 | NS      | $231889.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corp                                                | News Corp                                                | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |      5700 | NS      | $103740.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORP                                            | MCKESSON CORP                                            | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      3800 | NS      | $1425456.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                                       | United Rentals Inc                                       | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      1300 | NS      | $462046.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp                                   | Regions Financial Corp                                   | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     17600 | NS      | $379456.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                              | Cummins Inc                                              | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      2600 | NS      | $629954.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna Inc                                              | Moderna Inc                                              | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |      7100 | NS      | $1275302.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc                                     | Freeport-McMoRan Inc                                     | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     26700 | NS      | $1014600.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| AFLAC INC                                                | AFLAC INC                                                | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |     12700 | NS      | $913638.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co                            | Hewlett Packard Enterprise Co                            | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     30900 | NS      | $493164.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Harley-Davidson Inc                                      | Harley-Davidson Inc                                      | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |      2700 | NS      | $112320.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                                       | Conagra Brands Inc                                       | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |      9000 | NS      | $348300.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                                                | Chubb Ltd                                                | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      8200 | NS      | $1808920.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                                    | East West Bancorp Inc                                    | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2600 | NS      | $171340.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc                                        | EOG Resources Inc                                        | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     13600 | NS      | $1761472.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp                                              | Lennar Corp                                              | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      6500 | NS      | $588250.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                                  | Dow Inc                                                  | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     13100 | NS      | $660109.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corp                                | Cincinnati Financial Corp                                | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |      3000 | NS      | $307170.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| T Rowe Price Group Inc                                   | T Rowe Price Group Inc                                   | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |      4200 | NS      | $458052.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                                                  | NVR Inc                                                  | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |        70 | NS      | $322880.60    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                                           | Globe Life Inc                                           | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |      1700 | NS      | $204935.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp                                          | Sealed Air Corp                                          | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |      3800 | NS      | $189544.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                                      | Alliant Energy Corp                                      | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |      4700 | NS      | $259487.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc                            | Jefferies Financial Group Inc                            | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |      5000 | NS      | $171400.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COS INC/THE                                    | TRAVELERS COS INC/THE                                    | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      8600 | NS      | $1612414.00   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                           | Morgan Stanley                                           | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     31500 | NS      | $2678130.00   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                                     | Bank of America Corp                                     | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    158000 | NS      | $5232960.00   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| FleetCor Technologies Inc                                | FleetCor Technologies Inc                                | CUSIP: 339041105<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      1400 | NS      | $257152.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                                               | FedEx Corp                                               | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      4700 | NS      | $814040.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                                                 | UGI Corp                                                 | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |      3900 | NS      | $144573.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc                                              | Corning Inc                                              | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     15800 | NS      | $504652.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co                             | Graphic Packaging Holding Co                             | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5700 | NS      | $126825.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                                       | SEI Investments Co                                       | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |      2600 | NS      | $151580.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients Inc                                  | Darling Ingredients Inc                                  | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |      3000 | NS      | $187770.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                                      | JPMORGAN CHASE & CO                                      | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     54800 | NS      | $7348680.00   | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Cor                           | Old Republic International Corp                          | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |      5700 | NS      | $137655.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                             | LyondellBasell Industries NV                             | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | US        |      6100 | NS      | $506483.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc                                      | Williams-Sonoma Inc                                      | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      1100 | NS      | $126412.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UWM Holdings Corp                                        | UWM Holdings Corp                                        | CUSIP: 91823B109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1600 | NS      | $5296.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                                      | Fifth Third Bancorp                                      | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     13200 | NS      | $433092.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Inc                                   | Jones Lang LaSalle Inc                                   | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      1300 | NS      | $207181.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc                            | Universal Health Services Inc                            | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      1800 | NS      | $253602.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                                       | Voya Financial Inc                                       | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |      2500 | NS      | $153725.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                                               | NetApp Inc                                               | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      3800 | NS      | $228228.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Corp                                              | Markel Corp                                              | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |       280 | NS      | $368897.20    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                                       | Valero Energy Corp                                       | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      7600 | NS      | $964136.00    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                              | Hologic Inc                                              | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |      4400 | NS      | $329164.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                                   | Diamondback Energy Inc                                   | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      2600 | NS      | $355628.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Oil Corp                                        | Marathon Oil Corp                                        | CUSIP: 565849106<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | EC               | CORP              | US        |     13400 | NS      | $362738.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd                               | RenaissanceRe Holdings Ltd                               | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |       800 | NS      | $147384.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co                                        | U-Haul Holding Co                                        | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |      3700 | NS      | $203426.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                                        | Eversource Energy                                        | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |      5900 | NS      | $494656.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp                                           | Whirlpool Corp                                           | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |      1500 | NS      | $212190.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE-CL B                               | UNITED PARCEL SERVICE INC                                | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     13600 | NS      | $2364224.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                                             | Newmont Corp                                             | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     13700 | NS      | $646640.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                                             | Tapestry Inc                                             | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      4500 | NS      | $171360.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries                            | Huntington Ingalls Industries Inc                        | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |       700 | NS      | $161476.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                                               | Fiserv Inc                                               | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      9900 | NS      | $1000593.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                               | AbbVie Inc                                               | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     33100 | NS      | $5349291.00   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Interpublic Group of Cos Inc/T                           | Interpublic Group of Cos Inc/The                         | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |      7200 | NS      | $239832.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                                 | Fox Corp                                                 | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |      8000 | NS      | $242960.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                                | Amgen Inc                                                | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     10000 | NS      | $2626400.00   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                                                | Jabil Inc                                                | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      3600 | NS      | $245520.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                                 | Builders FirstSource Inc                                 | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      2700 | NS      | $175176.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                                    | Applied Materials Inc                                    | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     15800 | NS      | $1538604.00   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                               | Unum Group                                               | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |      3700 | NS      | $151811.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp                                         | Boyd Gaming Corp                                         | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |      1900 | NS      | $103607.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                                                 | PPL Corp                                                 | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     13700 | NS      | $400314.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Financial Services Gr                           | Hartford Financial Services Group Inc/The                | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      6500 | NS      | $492895.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp                                   | Synovus Financial Corp                                   | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |      1100 | NS      | $41305.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                                  | KeyCorp                                                  | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |     18200 | NS      | $317044.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra Energy                                            | Sempra Energy                                            | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |      5900 | NS      | $911786.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NEW YORK MELLON CORP                             | BANK OF NEW YORK MELLON CORP/THE                         | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     16300 | NS      | $741976.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                                             | Oshkosh Corp                                             | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |      1000 | NS      | $88190.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO Corp                                                | AGCO Corp                                                | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |      1400 | NS      | $194166.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                                 | AT&T Inc                                                 | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    133700 | NS      | $2461417.00   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                                  | Nexstar Media Group Inc                                  | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |       700 | NS      | $122521.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH                             | Huntington Bancshares Inc/OH                             | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |     26900 | NS      | $379290.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                                         | Carlisle Cos Inc                                         | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |       900 | NS      | $212085.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial Inc                                 | Prudential Financial Inc                                 | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |      7200 | NS      | $716112.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's Inc                                               | Macy's Inc                                               | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |      4700 | NS      | $97055.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp                                        | Ralph Lauren Corp                                        | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |       800 | NS      | $84536.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Wa                           | Expeditors International of Washington Inc               | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      3000 | NS      | $311760.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                                        | Omnicom Group Inc                                        | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |      5100 | NS      | $416007.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PDC Energy Inc                                           | PDC Energy Inc                                           | CUSIP: 69327R101<br>LEI: 5493008W8H2T511J5Y59 | Long             | EC               | CORP              | US        |      1700 | NS      | $107916.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                                          | Caterpillar Inc                                          | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      7800 | NS      | $1868568.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TopBuild Corp                                            | TopBuild Corp                                            | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |       100 | NS      | $15649.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton Inc                                            | DR Horton Inc                                            | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      8500 | NS      | $757690.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co                                 | Molson Coors Beverage Co                                 | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |      3800 | NS      | $195776.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                                      | Landstar System Inc                                      | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |       700 | NS      | $114030.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                                              | Vistra Corp                                              | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      8500 | NS      | $197200.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc                                   | CACI International Inc                                   | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |       300 | NS      | $90177.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc                                    | Quest Diagnostics Inc                                    | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      3200 | NS      | $500608.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                                                 | LKQ Corp                                                 | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      7000 | NS      | $373870.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Westrock Co                                              | Westrock Co                                              | CUSIP: 96145D105<br>LEI: 5493004Z9TCQW68YVL89 | Long             | EC               | CORP              | US        |      4400 | NS      | $154704.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                                              | METLIFE INC                                              | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     16500 | NS      | $1194105.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp                                      | Northern Trust Corp                                      | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |      3700 | NS      | $327413.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                                           | PulteGroup Inc                                           | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6400 | NS      | $291392.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation Inc                                           | AutoNation Inc                                           | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2000 | NS      | $214600.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Communications Parent                           | Frontier Communications Parent Inc                       | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4600 | NS      | $117208.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                                                 | FMC Corp                                                 | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |      2200 | NS      | $274560.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Corp                                               | Cigna Corp                                               | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      6300 | NS      | $2087442.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                                           | BorgWarner Inc                                           | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |      4400 | NS      | $177100.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Acceptance Corp                                   | Credit Acceptance Corp                                   | CUSIP: 225310101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       300 | NS      | $142320.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Natural Resources Co                             | Pioneer Natural Resources Co                             | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |      4500 | NS      | $1027755.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp                                     | Range Resources Corp                                     | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |      4500 | NS      | $112590.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                               | Biogen Inc                                               | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      1900 | NS      | $526148.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                                              | Exelon Corp                                              | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     23000 | NS      | $994290.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity Bancshares Inc                                | Prosperity Bancshares Inc                                | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1700 | NS      | $123556.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding P                           | Sensata Technologies Holding PLC                         | CUSIP: 000000000<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | US        |      2800 | NS      | $113064.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                                           | Lowe's Cos Inc                                           | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     17200 | NS      | $3426928.00   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                  | GOLDMAN SACHS GROUP INC                                  | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      6300 | NS      | $2163294.00   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein Inc                                         | Henry Schein Inc                                         | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |      2500 | NS      | $199675.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp                                          | OGE Energy Corp                                          | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |      3800 | NS      | $150290.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Skechers USA Inc                                         | Skechers USA Inc                                         | CUSIP: 830566105<br>LEI: 529900D2R54KZPA4XR56 | Long             | EC               | CORP              | US        |      2500 | NS      | $104875.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co                                | Archer-Daniels-Midland Co                                | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     13000 | NS      | $1207050.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                                   | Equitable Holdings Inc                                   | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |      8100 | NS      | $232470.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                                                | ONEOK Inc                                                | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      7700 | NS      | $505890.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                                  | Bristol-Myers Squibb Co                                  | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     39700 | NS      | $2856415.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp                                | Occidental Petroleum Corp                                | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     16900 | NS      | $1064531.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp                                    | Truist Financial Corp                                    | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     24600 | NS      | $1058538.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In                           | Philip Morris International Inc                          | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     28600 | NS      | $2894606.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC SERVICE ENTERPRISE GP                             | PUBLIC SERVICE ENTERPRISE GROUP INC                      | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     12300 | NS      | $753621.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| IBM                                                      | International Business Machines Corp                     | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     15600 | NS      | $2197884.00   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods Inc                                          | Tyson Foods Inc                                          | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |      5400 | NS      | $336150.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER HANNIFIN CORP                                     | PARKER-HANNIFIN CORP                                     | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      2400 | NS      | $698400.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/O                           | American Financial Group Inc/OH                          | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |      1500 | NS      | $205920.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris Inc                                              | Polaris Inc                                              | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |      1100 | NS      | $111100.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Penske Automotive Group Inc                              | Penske Automotive Group Inc                              | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |      1400 | NS      | $160902.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                                                | Amcor PLC                                                | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | GB        |     37500 | NS      | $446625.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co/The                                       | Kraft Heinz Co/The                                       | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     22800 | NS      | $928188.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Steel Corp                                 | United States Steel Corp                                 | CUSIP: 912909108<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | EC               | CORP              | US        |      4400 | NS      | $110220.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Ho                           | Knight-Swift Transportation Holdings Inc                 | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3100 | NS      | $162471.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc                                | CH Robinson Worldwide Inc                                | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      2200 | NS      | $201432.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc                            | Regeneron Pharmaceuticals Inc                            | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      1900 | NS      | $1370831.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                                             | Entergy Corp                                             | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      3700 | NS      | $416250.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Steel & Aluminum Co                             | Reliance Steel & Aluminum Co                             | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      1400 | NS      | $283416.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Co                                       | Sonoco Products Co                                       | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |      1800 | NS      | $109278.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp                                            | Huntsman Corp                                            | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |      2100 | NS      | $57708.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co                                      | Eastman Chemical Co                                      | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |      2200 | NS      | $179168.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                                   | HP Inc                                                   | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     30400 | NS      | $816848.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Premier Institutional US Treasury Reserves | Western Asset Premier Institutional US Treasury Reserves | CUSIP: 52470G478<br>LEI: 549300FS1J68EF5THY28 | Long             | STIV             | RF                | US        |   1359996 | NS      | $1359995.85   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                                        | Devon Energy Corp                                        | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     12200 | NS      | $750422.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Walgreens Boots Alliance Inc                             | Walgreens Boots Alliance Inc                             | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |     16000 | NS      | $597760.00    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                                      | Dominion Energy Inc                                      | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     14900 | NS      | $913668.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                                               | Masco Corp                                               | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |      6200 | NS      | $289354.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                                         | Exxon Mobil Corp                                         | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     73600 | NS      | $8118080.00   | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                                      | American Express Co                                      | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     14200 | NS      | $2098050.00   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc                                             | Assurant Inc                                             | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |      1100 | NS      | $137566.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                              | Pentair PLC                                              | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | GB        |      3100 | NS      | $139438.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                                           | Merck & Co Inc                                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     42300 | NS      | $4693185.00   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp                                                 | APA Corp                                                 | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |      6300 | NS      | $294084.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                                 | KLA Corp                                                 | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      2400 | NS      | $904872.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc                                              | Textron Inc                                              | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |      5500 | NS      | $389400.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc                                 | Ameriprise Financial Inc                                 | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      2000 | NS      | $622740.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co                                   | International Paper Co                                   | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |      6600 | NS      | $228558.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                                             | Comcast Corp                                             | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     84300 | NS      | $2947971.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings Inc                               | CF Industries Holdings Inc                               | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      3700 | NS      | $315240.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp International/US                            | Service Corp International/US                            | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |      4200 | NS      | $290388.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                                    | Bath & Body Works Inc                                    | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |      4300 | NS      | $181202.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc                                            | Ingredion Inc                                            | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |      1200 | NS      | $117516.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                                              | Snap-on Inc                                              | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      1300 | NS      | $297037.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares Inc/MO                               | Commerce Bancshares Inc/MO                               | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2310 | NS      | $157241.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                                         | W R Berkley Corp                                         | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      5000 | NS      | $362850.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                                      | Cardinal Health Inc                                      | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      4300 | NS      | $330541.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp                                                | Olin Corp                                                | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |      2500 | NS      | $132350.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                          | CVS Health Corp                                          | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     24500 | NS      | $2283155.00   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC FINANCIAL SERVICES GROUP                             | PNC FINANCIAL SERVICES GROUP INC/THE                     | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      7700 | NS      | $1216138.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co                                        | DXC Technology Co                                        | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |      4300 | NS      | $113950.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                               | Pfizer Inc                                               | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    105200 | NS      | $5390448.00   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc                            | Principal Financial Group Inc                            | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |      5100 | NS      | $427992.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co                                     | National Fuel Gas Co                                     | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      1400 | NS      | $88620.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                                      | Elevance Health Inc                                      | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      5800 | NS      | $2975226.00   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America I                           | Reinsurance Group of America Inc                         | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |      1200 | NS      | $170508.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                                        | General Motors Co                                        | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     26500 | NS      | $891460.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics Inc                                    | Arrow Electronics Inc                                    | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |      1800 | NS      | $188226.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners In                           | Pinnacle Financial Partners Inc                          | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |       600 | NS      | $44040.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information                            | Fidelity National Information Services Inc               | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |      9100 | NS      | $617435.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Berry Global Group Inc                                   | Berry Global Group Inc                                   | CUSIP: 08579W103<br>LEI: 549300G6KKUMMXM8NH73 | Long             | EC               | CORP              | US        |      2300 | NS      | $138989.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                           | ConocoPhillips                                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     23200 | NS      | $2737600.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                               | Evergy Inc                                               | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |      4300 | NS      | $270599.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Legg Mason Global Asset Management Trust

**Signature:** Christopher Berarducci

**Name of Signer:** Christopher Berarducci

**Title:** Principal Financial Officer