# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001410368-25-040132
**Filing Date:** 2025-12
**Character Count:** 209406
**Document Hash:** d63f1efe100ef1718880b2c2743449ff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-040132.hdr.sgml**: 20251222

**ACCESSION NUMBER**: 0001410368-25-040132

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251222

**DATE AS OF CHANGE**: 20251222

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY COVINGTON TRUST
- **CENTRAL INDEX KEY:** 0000945908

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07319
- **FILM NUMBER:** 251589916

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity MSCI Industrials Index ETF (Series ID: S000042576)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000131668 | Fidelity MSCI Industrials Index ETF | FIDU            |

## Nport-Ex

### Quarterly Holdings Report

### for

### Fidelity® MSCI Industrials Index ETF

### October 31, 2025
T06-NPRT1-1225

1.9584813.111 ------

### Schedule of Investments October 31, 2025 (Unaudited)
Showing Percentage of Net Assets

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks – 99.8%** | &nbsp;&nbsp;**Common Stocks – 99.8%** | &nbsp;&nbsp;**Common Stocks – 99.8%** | &nbsp;&nbsp;**Common Stocks – 99.8%** |
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **AEROSPACE & DEFENSE – 23.7%** | **AEROSPACE & DEFENSE – 23.7%** | **AEROSPACE & DEFENSE – 23.7%** | **AEROSPACE & DEFENSE – 23.7%** |
| **Aerospace & Defense – 23.7%** | **Aerospace & Defense – 23.7%** | **Aerospace & Defense – 23.7%** | **Aerospace & Defense – 23.7%** |
| AAR Corp. (a) | AAR Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp;8719 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$734227 |
| AeroVironment, Inc. (a) | AeroVironment, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;7812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2889737 |
| Archer Aviation, Inc. Class A (a) | Archer Aviation, Inc. Class A (a) | 130098 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1459700 |
| Astronics Corp. (a) | Astronics Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp;6502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319768 |
| Axon Enterprise, Inc. (a) | Axon Enterprise, Inc. (a) | &nbsp;&nbsp;17900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13106917 |
| Boeing Co. (a) | Boeing Co. (a) | 182538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36693789 |
| BWX Technologies, Inc. | BWX Technologies, Inc. | &nbsp;&nbsp;22167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4735093 |
| Cadre Holdings, Inc. | Cadre Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290809 |
| Curtiss-Wright Corp. | Curtiss-Wright Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5437823 |
| Ducommun, Inc. (a) | Ducommun, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;3414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313235 |
| Eve Holding, Inc. (a) | Eve Holding, Inc. (a) | &nbsp;&nbsp;17942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78227 |
| General Dynamics Corp. | General Dynamics Corp. | &nbsp;&nbsp;55231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19049172 |
| General Electric Co. | General Electric Co. | 258171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79761930 |
| HEICO Corp. | HEICO Corp. | &nbsp;&nbsp;10682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3394419 |
| HEICO Corp. Class A | HEICO Corp. Class A | &nbsp;&nbsp;18311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4536184 |
| Hexcel Corp. | Hexcel Corp. | &nbsp;&nbsp;19515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1393371 |
| Howmet Aerospace, Inc. | Howmet Aerospace, Inc. | &nbsp;&nbsp;92844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19121222 |
| Huntington Ingalls Industries, Inc. | Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3060156 |
| Intuitive Machines, Inc. (a) | Intuitive Machines, Inc. (a) | &nbsp;&nbsp;25183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300433 |
| Karman Holdings, Inc. (a) | Karman Holdings, Inc. (a) | &nbsp;&nbsp;12802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1078440 |
| Kratos Defense & Security Solutions, Inc. (a) | Kratos Defense & Security Solutions, Inc. (a) | &nbsp;&nbsp;40763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3693128 |
| L3Harris Technologies, Inc. | L3Harris Technologies, Inc. | &nbsp;&nbsp;45263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13085533 |
| Leonardo DRS, Inc. | Leonardo DRS, Inc. | &nbsp;&nbsp;19109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698625 |
| Loar Holdings, Inc. (a) | Loar Holdings, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;7917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;626472 |
| Lockheed Martin Corp. | Lockheed Martin Corp. | &nbsp;&nbsp;51055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25112933 |
| Mercury Systems, Inc. (a) | Mercury Systems, Inc. (a) | &nbsp;&nbsp;12251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;948350 |
| Moog, Inc. Class A | Moog, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;6855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1404247 |
| National Presto Industries, Inc. | National Presto Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146442 |
| Northrop Grumman Corp. | Northrop Grumman Corp. | &nbsp;&nbsp;33099 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19311612 |
| Redwire Corp. (a) | Redwire Corp. (a) | &nbsp;&nbsp;12033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94700 |
| Rocket Lab Corp. (a) | Rocket Lab Corp. (a) | 104445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6577946 |
| RTX Corp. | RTX Corp. | 323429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57732077 |
| Spirit AeroSystems Holdings, Inc. Class A (a) | Spirit AeroSystems Holdings, Inc. Class A (a) | &nbsp;&nbsp;28509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1045995 |
| StandardAero, Inc. (a) | StandardAero, Inc. (a) | &nbsp;&nbsp;35796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1034146 |
| Textron, Inc. | Textron, Inc. | &nbsp;&nbsp;43709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3532124 |
| TransDigm Group, Inc. | TransDigm Group, Inc. | &nbsp;&nbsp;13594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17787885 |
| V2X, Inc. (a) | V2X, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;4986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284651 |
| Woodward, Inc. | Woodward, Inc. | &nbsp;&nbsp;14425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3780937 |
| TOTAL AEROSPACE & DEFENSE | &nbsp;&nbsp;&nbsp;&nbsp;354652455 |  |  |
| **AIR FREIGHT & LOGISTICS – 2.8%** | **AIR FREIGHT & LOGISTICS – 2.8%** | **AIR FREIGHT & LOGISTICS – 2.8%** | **AIR FREIGHT & LOGISTICS – 2.8%** |
| **Air Freight & Logistics – 2.8%** | **Air Freight & Logistics – 2.8%** | **Air Freight & Logistics – 2.8%** | **Air Freight & Logistics – 2.8%** |
| CH Robinson Worldwide, Inc. | CH Robinson Worldwide, Inc. | &nbsp;&nbsp;28740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4425673 |
| Expeditors International of Washington, Inc. | Expeditors International of Washington, Inc. | &nbsp;&nbsp;33153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4041351 |
| FedEx Corp. | FedEx Corp. | &nbsp;&nbsp;55102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13985990 |
| Forward Air Corp. (a) | Forward Air Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp;5129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96476 |
| GXO Logistics, Inc. (a) | GXO Logistics, Inc. (a) | &nbsp;&nbsp;27709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1557523 |
| Hub Group, Inc. Class A | Hub Group, Inc. Class A | &nbsp;&nbsp;14875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547846 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;****  | &nbsp;&nbsp;****  | &nbsp;&nbsp;****  | &nbsp;&nbsp;****  |
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| United Parcel Service, Inc. Class B | United Parcel Service, Inc. Class B | 177634 | &nbsp;&nbsp;&nbsp;&nbsp;$17127470 |
| TOTAL AIR FREIGHT & LOGISTICS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41782329 |  |  |
| **BUILDING PRODUCTS – 6.4%** | **BUILDING PRODUCTS – 6.4%** | **BUILDING PRODUCTS – 6.4%** | **BUILDING PRODUCTS – 6.4%** |
| **Building Products – 6.4%** | **Building Products – 6.4%** | **Building Products – 6.4%** | **Building Products – 6.4%** |
| A.O. Smith Corp. | A.O. Smith Corp. | &nbsp;&nbsp;28152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1857751 |
| AAON, Inc. | AAON, Inc. | &nbsp;&nbsp;16713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1644392 |
| Advanced Drainage Systems, Inc. | Advanced Drainage Systems, Inc. | &nbsp;&nbsp;17838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2498212 |
| Allegion PLC | Allegion PLC | &nbsp;&nbsp;20817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3450834 |
| American Woodmark Corp. (a) | American Woodmark Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp;3478 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;221653 |
| Apogee Enterprises, Inc. | Apogee Enterprises, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194948 |
| Armstrong World Industries, Inc. | Armstrong World Industries, Inc. | &nbsp;&nbsp;10506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000658 |
| AZZ, Inc. | AZZ, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693658 |
| Builders FirstSource, Inc. (a) | Builders FirstSource, Inc. (a) | &nbsp;&nbsp;26757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3108361 |
| Carlisle Cos., Inc. | Carlisle Cos., Inc. | &nbsp;&nbsp;10471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3403599 |
| Carrier Global Corp. | Carrier Global Corp. | 186802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11112851 |
| CSW Industrials, Inc. | CSW Industrials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1017707 |
| Fortune Brands Innovations, Inc. | Fortune Brands Innovations, Inc. | &nbsp;&nbsp;29064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1476451 |
| Gibraltar Industries, Inc. (a) | Gibraltar Industries, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;7068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440973 |
| Griffon Corp. | Griffon Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;668532 |
| Hayward Holdings, Inc. (a) | Hayward Holdings, Inc. (a) | &nbsp;&nbsp;52385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;888973 |
| Insteel Industries, Inc. | Insteel Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4710 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;147140 |
| Janus International Group, Inc. (a) | Janus International Group, Inc. (a) | &nbsp;&nbsp;33988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326285 |
| Johnson Controls International PLC | Johnson Controls International PLC | 159315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18224043 |
| Lennox International, Inc. | Lennox International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3905670 |
| Masco Corp. | Masco Corp. | &nbsp;&nbsp;51175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3314093 |
| Masterbrand, Inc. (a) | Masterbrand, Inc. (a) | &nbsp;&nbsp;30665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387299 |
| Owens Corning | Owens Corning | &nbsp;&nbsp;20591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2621440 |
| Quanex Building Products Corp. | Quanex Building Products Corp. | &nbsp;&nbsp;10305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146434 |
| Resideo Technologies, Inc. (a) | Resideo Technologies, Inc. (a) | &nbsp;&nbsp;34164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1462219 |
| Simpson Manufacturing Co., Inc. | Simpson Manufacturing Co., Inc. | &nbsp;&nbsp;10112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1784768 |
| Trane Technologies PLC | Trane Technologies PLC | &nbsp;&nbsp;53987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24221268 |
| Trex Co., Inc. (a) | Trex Co., Inc. (a) | &nbsp;&nbsp;26057 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1259074 |
| UFP Industries, Inc. | UFP Industries, Inc. | &nbsp;&nbsp;14618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1346756 |
| Zurn Elkay Water Solutions Corp. | Zurn Elkay Water Solutions Corp. | &nbsp;&nbsp;36731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1730397 |
| TOTAL BUILDING PRODUCTS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95556439 |  |  |
| **COMMERCIAL SERVICES & SUPPLIES – 6.3%** | **COMMERCIAL SERVICES & SUPPLIES – 6.3%** | **COMMERCIAL SERVICES & SUPPLIES – 6.3%** | **COMMERCIAL SERVICES & SUPPLIES – 6.3%** |
| **Commercial Printing – 0.1%** | **Commercial Printing – 0.1%** | **Commercial Printing – 0.1%** | **Commercial Printing – 0.1%** |
| Brady Corp. Class A | Brady Corp. Class A | &nbsp;&nbsp;10603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804874 |
| Cimpress PLC (a) | Cimpress PLC (a) | &nbsp;&nbsp;&nbsp;&nbsp;4012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277670 |
| Deluxe Corp. | Deluxe Corp. | &nbsp;&nbsp;10898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197363 |
| Ennis, Inc. | Ennis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106813 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1386720 |
| **Diversified Support Services – 1.9%** | **Diversified Support Services – 1.9%** | **Diversified Support Services – 1.9%** | **Diversified Support Services – 1.9%** |
| ACV Auctions, Inc. Class A (a) | ACV Auctions, Inc. Class A (a) | &nbsp;&nbsp;41428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375752 |
| Cintas Corp. | Cintas Corp. | &nbsp;&nbsp;87977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16123545 |
| Copart, Inc. (a) | Copart, Inc. (a) | 222388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9564908 |
| Healthcare Services Group, Inc. (a) | Healthcare Services Group, Inc. (a) | &nbsp;&nbsp;17723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316710 |
| Liquidity Services, Inc. (a) | Liquidity Services, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;6261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149888 |
| OPENLANE, Inc. (a) | OPENLANE, Inc. (a) | &nbsp;&nbsp;26314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695216 |
| UniFirst Corp. | UniFirst Corp. | &nbsp;&nbsp;&nbsp;&nbsp;3672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566773 |
| Vestis Corp. | Vestis Corp. | &nbsp;&nbsp;28728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150822 |

---

 ***Quarterly Report*** <sub>2</sub>

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** |
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **COMMERCIAL SERVICES & SUPPLIES – continued** | **COMMERCIAL SERVICES & SUPPLIES – continued** | **COMMERCIAL SERVICES & SUPPLIES – continued** | **COMMERCIAL SERVICES & SUPPLIES – continued** |
| **Diversified Support Services – continued** | **Diversified Support Services – continued** | **Diversified Support Services – continued** | **Diversified Support Services – continued** |
| VSE Corp. | VSE Corp. | &nbsp;&nbsp;4777 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$863109 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28806723 |
| **Environmental & Facilities Services – 3.9%** | **Environmental & Facilities Services – 3.9%** | **Environmental & Facilities Services – 3.9%** | **Environmental & Facilities Services – 3.9%** |
| ABM Industries, Inc. | ABM Industries, Inc. | 15109 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;649687 |
| BrightView Holdings, Inc. (a) | BrightView Holdings, Inc. (a) | 17342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213654 |
| Casella Waste Systems, Inc. Class A (a) | Casella Waste Systems, Inc. Class A (a) | 15246 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350338 |
| CECO Environmental Corp. (a) | CECO Environmental Corp. (a) | &nbsp;&nbsp;7262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355039 |
| Clean Harbors, Inc. (a) | Clean Harbors, Inc. (a) | 12325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2594536 |
| Enviri Corp. (a) | Enviri Corp. (a) | 17541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214176 |
| Montrose Environmental Group, Inc. (a) | Montrose Environmental Group, Inc. (a) | &nbsp;&nbsp;7852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203210 |
| Republic Services, Inc. | Republic Services, Inc. | 52955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11027349 |
| Rollins, Inc. | Rollins, Inc. | 70399 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4055686 |
| Tetra Tech, Inc. | Tetra Tech, Inc. | 60602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1938052 |
| Veralto Corp. | Veralto Corp. | 60009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5921688 |
| Waste Connections, Inc. | Waste Connections, Inc. | 62560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10490061 |
| Waste Management, Inc. | Waste Management, Inc. | 97420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19461593 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58475069 |
| **Office Services & Supplies – 0.2%** | **Office Services & Supplies – 0.2%** | **Office Services & Supplies – 0.2%** | **Office Services & Supplies – 0.2%** |
| HNI Corp. | HNI Corp. | 11338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;463951 |
| Interface, Inc. | Interface, Inc. | 14394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358411 |
| MillerKnoll, Inc. | MillerKnoll, Inc. | 16671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260401 |
| MSA Safety, Inc. | MSA Safety, Inc. | &nbsp;&nbsp;9120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1432113 |
| Pitney Bowes, Inc. | Pitney Bowes, Inc. | 18240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180211 |
| Steelcase, Inc. Class A | Steelcase, Inc. Class A | 21026 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335575 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3030662 |
| **Security & Alarm Services – 0.2%** | **Security & Alarm Services – 0.2%** | **Security & Alarm Services – 0.2%** | **Security & Alarm Services – 0.2%** |
| Brink's Co. | Brink's Co. | 10170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1130497 |
| CoreCivic, Inc. (a) | CoreCivic, Inc. (a) | 26694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494640 |
| GEO Group, Inc. (a) | GEO Group, Inc. (a) | 34536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;586076 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2211213 |
| TOTAL COMMERCIAL SERVICES & SUPPLIES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93910387 |  |  |
| **CONSTRUCTION & ENGINEERING – 4.2%** | **CONSTRUCTION & ENGINEERING – 4.2%** | **CONSTRUCTION & ENGINEERING – 4.2%** | **CONSTRUCTION & ENGINEERING – 4.2%** |
| **Construction & Engineering – 4.2%** | **Construction & Engineering – 4.2%** | **Construction & Engineering – 4.2%** | **Construction & Engineering – 4.2%** |
| AECOM | AECOM | 31965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4294498 |
| Ameresco, Inc. Class A (a) | Ameresco, Inc. Class A (a) | &nbsp;&nbsp;7899 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312168 |
| API Group Corp. (a) | API Group Corp. (a) | 80457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2962427 |
| Arcosa, Inc. | Arcosa, Inc. | 11815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205130 |
| Argan, Inc. | Argan, Inc. | &nbsp;&nbsp;3334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1020904 |
| Centuri Holdings, Inc. (a) | Centuri Holdings, Inc. (a) | 19373 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391141 |
| Comfort Systems USA, Inc. | Comfort Systems USA, Inc. | &nbsp;&nbsp;8536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8242191 |
| Construction Partners, Inc. Class A (a) | Construction Partners, Inc. Class A (a) | 11442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1308393 |
| Dycom Industries, Inc. (a) | Dycom Industries, Inc. (a) | &nbsp;&nbsp;7000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2014530 |
| EMCOR Group, Inc. | EMCOR Group, Inc. | 10836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7322752 |
| Everus Construction Group, Inc. (a) | Everus Construction Group, Inc. (a) | 11700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1063413 |
| Fluor Corp. (a) | Fluor Corp. (a) | 39887 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1945289 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;****  | &nbsp;&nbsp;****  | &nbsp;&nbsp;****  | &nbsp;&nbsp;****  |
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| Granite Construction, Inc. | Granite Construction, Inc. | &nbsp;&nbsp;10655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1096506 |
| Great Lakes Dredge & Dock Corp. (a) | Great Lakes Dredge & Dock Corp. (a) | &nbsp;&nbsp;16533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187650 |
| IES Holdings, Inc. (a) | IES Holdings, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;2156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844893 |
| Limbach Holdings, Inc. (a) | Limbach Holdings, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;2680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253206 |
| MasTec, Inc. (a) | MasTec, Inc. (a) | &nbsp;&nbsp;15283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3120177 |
| MYR Group, Inc. (a) | MYR Group, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;3765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819640 |
| Primoris Services Corp. | Primoris Services Corp. | &nbsp;&nbsp;13128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1857875 |
| Quanta Services, Inc. | Quanta Services, Inc. | &nbsp;&nbsp;35883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16116132 |
| Sterling Infrastructure, Inc. (a) | Sterling Infrastructure, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;7353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2778699 |
| Tutor Perini Corp. (a) | Tutor Perini Corp. (a) | &nbsp;&nbsp;10795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;727151 |
| Valmont Industries, Inc. | Valmont Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2005962 |
| WillScot Holdings Corp. | WillScot Holdings Corp. | &nbsp;&nbsp;44513 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;968158 |
| TOTAL CONSTRUCTION & ENGINEERING | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62858885 |  |  |
| **ELECTRICAL EQUIPMENT – 11.5%** | **ELECTRICAL EQUIPMENT – 11.5%** | **ELECTRICAL EQUIPMENT – 11.5%** | **ELECTRICAL EQUIPMENT – 11.5%** |
| **Electrical Components & Equipment – 8.3%** | **Electrical Components & Equipment – 8.3%** | **Electrical Components & Equipment – 8.3%** | **Electrical Components & Equipment – 8.3%** |
| Acuity, Inc. | Acuity, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2707211 |
| American Superconductor Corp. (a) | American Superconductor Corp. (a) | &nbsp;&nbsp;10549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624817 |
| AMETEK, Inc. | AMETEK, Inc. | &nbsp;&nbsp;55893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11296534 |
| Amprius Technologies, Inc. (a) | Amprius Technologies, Inc. (a) | &nbsp;&nbsp;21892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308458 |
| Array Technologies, Inc. (a) | Array Technologies, Inc. (a) | &nbsp;&nbsp;36468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315813 |
| Atkore, Inc. | Atkore, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563003 |
| Eaton Corp. PLC | Eaton Corp. PLC | &nbsp;&nbsp;94737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36147850 |
| Emerson Electric Co. | Emerson Electric Co. | 136182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19006922 |
| EnerSys | EnerSys | &nbsp;&nbsp;&nbsp;&nbsp;9346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1179091 |
| Enovix Corp. (a) | Enovix Corp. (a) | &nbsp;&nbsp;41851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501793 |
| Eos Energy Enterprises, Inc. (a) | Eos Energy Enterprises, Inc. (a) | &nbsp;&nbsp;60346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;967346 |
| Fluence Energy, Inc. (a) | Fluence Energy, Inc. (a) | &nbsp;&nbsp;18866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;396186 |
| Generac Holdings, Inc. (a) | Generac Holdings, Inc. (a) | &nbsp;&nbsp;14299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2402518 |
| Hubbell, Inc. | Hubbell, Inc. | &nbsp;&nbsp;12919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6071930 |
| LSI Industries, Inc. | LSI Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;153477 |
| NEXTracker, Inc. Class A (a) | NEXTracker, Inc. Class A (a) | &nbsp;&nbsp;35807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3624385 |
| nVent Electric PLC | nVent Electric PLC | &nbsp;&nbsp;39896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4562108 |
| Plug Power, Inc. (a) | Plug Power, Inc. (a) | 250088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;672737 |
| Powell Industries, Inc. | Powell Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905184 |
| Preformed Line Products Co. | Preformed Line Products Co. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126630 |
| Regal Rexnord Corp. | Regal Rexnord Corp. | &nbsp;&nbsp;15266 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2150827 |
| Rockwell Automation, Inc. | Rockwell Automation, Inc. | &nbsp;&nbsp;27283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10049966 |
| Sensata Technologies Holding PLC | Sensata Technologies Holding PLC | &nbsp;&nbsp;35433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1127832 |
| Shoals Technologies Group, Inc. Class A (a) | Shoals Technologies Group, Inc. Class A (a) | &nbsp;&nbsp;40848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429312 |
| Sunrun, Inc. (a) | Sunrun, Inc. (a) | &nbsp;&nbsp;52566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1091270 |
| Thermon Group Holdings, Inc. (a) | Thermon Group Holdings, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;8343 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;239694 |
| Vertiv Holdings Co. Class A | Vertiv Holdings Co. Class A | &nbsp;&nbsp;87649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16903986 |
| Vicor Corp. (a) | Vicor Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp;5671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;514530 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125041410 |
| **Heavy Electrical Equipment – 3.2%** | **Heavy Electrical Equipment – 3.2%** | **Heavy Electrical Equipment – 3.2%** | **Heavy Electrical Equipment – 3.2%** |
| Bloom Energy Corp. Class A (a) | Bloom Energy Corp. Class A (a) | &nbsp;&nbsp;53410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7058666 |
| GE Vernova, Inc. | GE Vernova, Inc. | &nbsp;&nbsp;66077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38664296 |
| NANO Nuclear Energy, Inc. (a) | NANO Nuclear Energy, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;9659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459189 |
| NuScale Power Corp. (a) | NuScale Power Corp. (a) | &nbsp;&nbsp;28967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1299749 |

---

---

| | |
|:---|:---|
| **3** | ***Quarterly Report*** |

---

------

Schedule of Investments (Unaudited)–continued

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** |
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **ELECTRICAL EQUIPMENT – continued** | **ELECTRICAL EQUIPMENT – continued** | **ELECTRICAL EQUIPMENT – continued** | **ELECTRICAL EQUIPMENT – continued** |
| **Heavy Electrical Equipment – continued** | **Heavy Electrical Equipment – continued** | **Heavy Electrical Equipment – continued** | **Heavy Electrical Equipment – continued** |
| Power Solutions International, Inc. (a) | Power Solutions International, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;1667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$142728 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47624628 |
| TOTAL ELECTRICAL EQUIPMENT | &nbsp;&nbsp;&nbsp;&nbsp;172666038 |  |  |
| **ENERGY EQUIPMENT & SERVICES – 0.0%** | **ENERGY EQUIPMENT & SERVICES – 0.0%** | **ENERGY EQUIPMENT & SERVICES – 0.0%** | **ENERGY EQUIPMENT & SERVICES – 0.0%** |
| **Oil & Gas Equipment & Services – 0.0%** | **Oil & Gas Equipment & Services – 0.0%** | **Oil & Gas Equipment & Services – 0.0%** | **Oil & Gas Equipment & Services – 0.0%** |
| NPK International, Inc. (a) | NPK International, Inc. (a) | &nbsp;&nbsp;19881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244536 |
| **GROUND TRANSPORTATION – 9.1%** | **GROUND TRANSPORTATION – 9.1%** | **GROUND TRANSPORTATION – 9.1%** | **GROUND TRANSPORTATION – 9.1%** |
| **Cargo Ground Transportation – 1.5%** | **Cargo Ground Transportation – 1.5%** | **Cargo Ground Transportation – 1.5%** | **Cargo Ground Transportation – 1.5%** |
| ArcBest Corp. | ArcBest Corp. | &nbsp;&nbsp;&nbsp;&nbsp;5501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;408834 |
| Covenant Logistics Group, Inc. | Covenant Logistics Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3811 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76868 |
| Heartland Express, Inc. | Heartland Express, Inc. | &nbsp;&nbsp;12166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94895 |
| JB Hunt Transport Services, Inc. | JB Hunt Transport Services, Inc. | &nbsp;&nbsp;18755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3166969 |
| Knight-Swift Transportation Holdings, Inc. | Knight-Swift Transportation Holdings, Inc. | &nbsp;&nbsp;39244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1770689 |
| Landstar System, Inc. | Landstar System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1083821 |
| Marten Transport Ltd. | Marten Transport Ltd. | &nbsp;&nbsp;15425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158106 |
| Old Dominion Freight Line, Inc. | Old Dominion Freight Line, Inc. | &nbsp;&nbsp;46040 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6464937 |
| RXO, Inc. (a) | RXO, Inc. (a) | &nbsp;&nbsp;25527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452594 |
| Ryder System, Inc. | Ryder System, Inc. | &nbsp;&nbsp;10009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1693823 |
| Saia, Inc. (a) | Saia, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;6440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1883700 |
| Schneider National, Inc. Class B | Schneider National, Inc. Class B | &nbsp;&nbsp;13451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287448 |
| U-Haul Holding Co. | U-Haul Holding Co. | &nbsp;&nbsp;23418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1135539 |
| Universal Logistics Holdings, Inc. | Universal Logistics Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31195 |
| Werner Enterprises, Inc. | Werner Enterprises, Inc. | &nbsp;&nbsp;14951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391716 |
| XPO, Inc. (a) | XPO, Inc. (a) | &nbsp;&nbsp;28597 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4114251 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23215385 |
| **Passenger Ground Transportation – 3.3%** | **Passenger Ground Transportation – 3.3%** | **Passenger Ground Transportation – 3.3%** | **Passenger Ground Transportation – 3.3%** |
| Avis Budget Group, Inc. (a) | Avis Budget Group, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;4242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;577209 |
| Hertz Global Holdings, Inc. (a) | Hertz Global Holdings, Inc. (a) | &nbsp;&nbsp;29593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151812 |
| Lyft, Inc. Class A (a) | Lyft, Inc. Class A (a) | &nbsp;&nbsp;99706 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2039985 |
| Uber Technologies, Inc. (a) | Uber Technologies, Inc. (a) | 480955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46412157 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49181163 |
| **Rail Transportation – 4.3%** | **Rail Transportation – 4.3%** | **Rail Transportation – 4.3%** | **Rail Transportation – 4.3%** |
| CSX Corp. | CSX Corp. | 454788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16381463 |
| FTAI Infrastructure, Inc. | FTAI Infrastructure, Inc. | &nbsp;&nbsp;26729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142733 |
| Norfolk Southern Corp. | Norfolk Southern Corp. | &nbsp;&nbsp;54581 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15467164 |
| Union Pacific Corp. | Union Pacific Corp. | 144643 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31874978 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63866338 |
| TOTAL GROUND TRANSPORTATION | &nbsp;&nbsp;&nbsp;&nbsp;136262886 |  |  |
| **HOUSEHOLD DURABLES – 0.0%** | **HOUSEHOLD DURABLES – 0.0%** | **HOUSEHOLD DURABLES – 0.0%** | **HOUSEHOLD DURABLES – 0.0%** |
| **Household Appliances – 0.0%** | **Household Appliances – 0.0%** | **Household Appliances – 0.0%** | **Household Appliances – 0.0%** |
| Worthington Enterprises, Inc. | Worthington Enterprises, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440531 |
| **INDUSTRIAL CONGLOMERATES – 3.5%** | **INDUSTRIAL CONGLOMERATES – 3.5%** | **INDUSTRIAL CONGLOMERATES – 3.5%** | **INDUSTRIAL CONGLOMERATES – 3.5%** |
| **Industrial Conglomerates – 3.5%** | **Industrial Conglomerates – 3.5%** | **Industrial Conglomerates – 3.5%** | **Industrial Conglomerates – 3.5%** |
| 3M Co. | 3M Co. | 130291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21693451 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;****  | &nbsp;&nbsp;****  | &nbsp;&nbsp;****  | &nbsp;&nbsp;****  |
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| Honeywell International, Inc. | Honeywell International, Inc. | 155591 | &nbsp;&nbsp;&nbsp;&nbsp;$31325136 |
| TOTAL INDUSTRIAL CONGLOMERATES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53018587 |  |  |
| **MACHINERY – 19.1%** | **MACHINERY – 19.1%** | **MACHINERY – 19.1%** | **MACHINERY – 19.1%** |
| **Agricultural & Farm Machinery – 2.4%** | **Agricultural & Farm Machinery – 2.4%** | **Agricultural & Farm Machinery – 2.4%** | **Agricultural & Farm Machinery – 2.4%** |
| AGCO Corp. | AGCO Corp. | &nbsp;&nbsp;15409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1589593 |
| Alamo Group, Inc. | Alamo Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444119 |
| CNH Industrial NV | CNH Industrial NV | 211771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2221478 |
| Deere & Co. | Deere & Co. | &nbsp;&nbsp;62283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28751701 |
| Lindsay Corp. | Lindsay Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;289669 |
| Titan International, Inc. (a) | Titan International, Inc. (a) | &nbsp;&nbsp;12565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94866 |
| Toro Co. | Toro Co. | &nbsp;&nbsp;23904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1786346 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35177772 |
| **Construction Machinery & Heavy Transportation Equipment – 7.4%** | **Construction Machinery & Heavy Transportation Equipment – 7.4%** | **Construction Machinery & Heavy Transportation Equipment – 7.4%** | **Construction Machinery & Heavy Transportation Equipment – 7.4%** |
| Aebi Schmidt Holding AG | Aebi Schmidt Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;9313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103840 |
| Allison Transmission Holdings, Inc. | Allison Transmission Holdings, Inc. | &nbsp;&nbsp;20400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1684020 |
| Astec Industries, Inc. | Astec Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230091 |
| Atmus Filtration Technologies, Inc. | Atmus Filtration Technologies, Inc. | &nbsp;&nbsp;19882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904233 |
| Blue Bird Corp. (a) | Blue Bird Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp;7764 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387889 |
| Caterpillar, Inc. | Caterpillar, Inc. | 113867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65730864 |
| Cummins, Inc. | Cummins, Inc. | &nbsp;&nbsp;33355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14598816 |
| Douglas Dynamics, Inc. | Douglas Dynamics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;164209 |
| Federal Signal Corp. | Federal Signal Corp. | &nbsp;&nbsp;14812 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1748260 |
| Greenbrier Cos., Inc. | Greenbrier Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316533 |
| Microvast Holdings, Inc. (a) | Microvast Holdings, Inc. (a) | &nbsp;&nbsp;51216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;279127 |
| Miller Industries, Inc. | Miller Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111670 |
| Oshkosh Corp. | Oshkosh Corp. | &nbsp;&nbsp;15552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1917406 |
| PACCAR, Inc. | PACCAR, Inc. | 127092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12505853 |
| REV Group, Inc. | REV Group, Inc. | &nbsp;&nbsp;11917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610985 |
| Terex Corp. | Terex Corp. | &nbsp;&nbsp;15888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731166 |
| Trinity Industries, Inc. | Trinity Industries, Inc. | &nbsp;&nbsp;19848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543240 |
| Westinghouse Air Brake Technologies Corp. | Westinghouse Air Brake Technologies Corp. | &nbsp;&nbsp;41426 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8469132 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111037334 |
| **Industrial Machinery & Supplies & Components – 9.3%** | **Industrial Machinery & Supplies & Components – 9.3%** | **Industrial Machinery & Supplies & Components – 9.3%** | **Industrial Machinery & Supplies & Components – 9.3%** |
| Albany International Corp. Class A | Albany International Corp. Class A | &nbsp;&nbsp;&nbsp;&nbsp;7378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417447 |
| Chart Industries, Inc. (a) | Chart Industries, Inc. (a) | &nbsp;&nbsp;10866 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2169071 |
| Crane Co. | Crane Co. | &nbsp;&nbsp;11813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2244470 |
| Donaldson Co., Inc. | Donaldson Co., Inc. | &nbsp;&nbsp;28223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2377788 |
| Dover Corp. | Dover Corp. | &nbsp;&nbsp;33184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6021569 |
| Energy Recovery, Inc. (a) | Energy Recovery, Inc. (a) | &nbsp;&nbsp;13686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234167 |
| Enerpac Tool Group Corp. | Enerpac Tool Group Corp. | &nbsp;&nbsp;12951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531509 |
| Enpro, Inc. | Enpro, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1190675 |
| Esab Corp. | Esab Corp. | &nbsp;&nbsp;13928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1627069 |
| ESCO Technologies, Inc. | ESCO Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1370151 |
| Flowserve Corp. | Flowserve Corp. | &nbsp;&nbsp;31582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2155472 |
| Fortive Corp. | Fortive Corp. | &nbsp;&nbsp;82068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4131303 |
| Franklin Electric Co., Inc. | Franklin Electric Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890459 |
| Gates Industrial Corp. PLC (a) | Gates Industrial Corp. PLC (a) | &nbsp;&nbsp;62566 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1381457 |
| Gorman-Rupp Co. | Gorman-Rupp Co. | &nbsp;&nbsp;&nbsp;&nbsp;5096 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229167 |
| Graco, Inc. | Graco, Inc. | &nbsp;&nbsp;40463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3308660 |

---

 ***Quarterly Report*** <sub>4</sub>

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** |
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **MACHINERY – continued** | **MACHINERY – continued** | **MACHINERY – continued** | **MACHINERY – continued** |
| **Industrial Machinery & Supplies & Components – continued** | **Industrial Machinery & Supplies & Components – continued** | **Industrial Machinery & Supplies & Components – continued** | **Industrial Machinery & Supplies & Components – continued** |
| Helios Technologies, Inc. | Helios Technologies, Inc. | &nbsp;&nbsp;8164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$451959 |
| Hillenbrand, Inc. | Hillenbrand, Inc. | 16969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;536220 |
| Hillman Solutions Corp. (a) | Hillman Solutions Corp. (a) | 47409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437111 |
| Hyster-Yale, Inc. | Hyster-Yale, Inc. | &nbsp;&nbsp;2073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74504 |
| IDEX Corp. | IDEX Corp. | 18259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3130688 |
| Illinois Tool Works, Inc. | Illinois Tool Works, Inc. | 67384 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16436305 |
| Ingersoll Rand, Inc. | Ingersoll Rand, Inc. | 97672 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7455304 |
| ITT, Inc. | ITT, Inc. | 19050 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3525584 |
| JBT Marel Corp. | JBT Marel Corp. | 12564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1584320 |
| Kadant, Inc. | Kadant, Inc. | &nbsp;&nbsp;2845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787098 |
| Kennametal, Inc. | Kennametal, Inc. | 17607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386474 |
| Lincoln Electric Holdings, Inc. | Lincoln Electric Holdings, Inc. | 13521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3169998 |
| Middleby Corp. (a) | Middleby Corp. (a) | 12306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1528774 |
| Mueller Industries, Inc. | Mueller Industries, Inc. | 25453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2694709 |
| Mueller Water Products, Inc. Class A | Mueller Water Products, Inc. Class A | 37871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;971770 |
| Nordson Corp. | Nordson Corp. | 13002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3015814 |
| Otis Worldwide Corp. | Otis Worldwide Corp. | 95546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8862847 |
| Parker-Hannifin Corp. | Parker-Hannifin Corp. | 30931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23904405 |
| Pentair PLC | Pentair PLC | 39817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4234538 |
| Proto Labs, Inc. (a) | Proto Labs, Inc. (a) | &nbsp;&nbsp;5898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293485 |
| RBC Bearings, Inc. (a) | RBC Bearings, Inc. (a) | &nbsp;&nbsp;7225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3096129 |
| Snap-on, Inc. | Snap-on, Inc. | 12649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4244372 |
| SPX Technologies, Inc. (a) | SPX Technologies, Inc. (a) | 11310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2532196 |
| Standex International Corp. | Standex International Corp. | &nbsp;&nbsp;2933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684064 |
| Stanley Black & Decker, Inc. | Stanley Black & Decker, Inc. | 37378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2531238 |
| Symbotic, Inc. (a) | Symbotic, Inc. (a) | 12012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972371 |
| Tennant Co. | Tennant Co. | &nbsp;&nbsp;4321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;345680 |
| Timken Co. | Timken Co. | 16184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1270606 |
| Watts Water Technologies, Inc. Class A | Watts Water Technologies, Inc. Class A | &nbsp;&nbsp;6632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1807883 |
| Xylem, Inc. | Xylem, Inc. | 58917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8887629 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140134509 |
| TOTAL MACHINERY | &nbsp;&nbsp;&nbsp;&nbsp;286349615 |  |  |
| **MARINE TRANSPORTATION – 0.0%** | **MARINE TRANSPORTATION – 0.0%** | **MARINE TRANSPORTATION – 0.0%** | **MARINE TRANSPORTATION – 0.0%** |
| **Marine Transportation – 0.0%** | **Marine Transportation – 0.0%** | **Marine Transportation – 0.0%** | **Marine Transportation – 0.0%** |
| Genco Shipping & Trading Ltd. | Genco Shipping & Trading Ltd. | &nbsp;&nbsp;8836 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150565 |
| Kirby Corp. (a) | Kirby Corp. (a) | &nbsp;&nbsp;3471 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359179 |
| Matson, Inc. | Matson, Inc. | &nbsp;&nbsp;2060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207957 |
| TOTAL MARINE TRANSPORTATION | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717701 |  |  |
| **METALS & MINING – 0.5%** | **METALS & MINING – 0.5%** | **METALS & MINING – 0.5%** | **METALS & MINING – 0.5%** |
| **Steel – 0.5%** | **Steel – 0.5%** | **Steel – 0.5%** | **Steel – 0.5%** |
| ATI, Inc. (a) | ATI, Inc. (a) | 34108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3375669 |
| Carpenter Technology Corp. | Carpenter Technology Corp. | 12002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3791432 |
| TOTAL METALS & MINING | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7167101 |  |  |
| **PASSENGER AIRLINES – 0.4%** | **PASSENGER AIRLINES – 0.4%** | **PASSENGER AIRLINES – 0.4%** | **PASSENGER AIRLINES – 0.4%** |
| **Passenger Airlines – 0.4%** | **Passenger Airlines – 0.4%** | **Passenger Airlines – 0.4%** | **Passenger Airlines – 0.4%** |
| Alaska Air Group, Inc. (a) | Alaska Air Group, Inc. (a) | &nbsp;&nbsp;7317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305339 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;****  | &nbsp;&nbsp;****  | &nbsp;&nbsp;****  | &nbsp;&nbsp;****  |
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| Allegiant Travel Co. (a) | Allegiant Travel Co. (a) | &nbsp;&nbsp;&nbsp;&nbsp;1118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$69517 |
| American Airlines Group, Inc. (a) | American Airlines Group, Inc. (a) | &nbsp;&nbsp;40579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532802 |
| Delta Air Lines, Inc. | Delta Air Lines, Inc. | &nbsp;&nbsp;39455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2263928 |
| Frontier Group Holdings, Inc. (a) | Frontier Group Holdings, Inc. (a) | &nbsp;&nbsp;13571 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52384 |
| JetBlue Airways Corp. (a) | JetBlue Airways Corp. (a) | &nbsp;&nbsp;21042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88377 |
| Joby Aviation, Inc. (a) | Joby Aviation, Inc. (a) | &nbsp;&nbsp;50953 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;883525 |
| SkyWest, Inc. (a) | SkyWest, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;2465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;247683 |
| United Airlines Holdings, Inc. (a) | United Airlines Holdings, Inc. (a) | &nbsp;&nbsp;19809 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1862838 |
| TOTAL PASSENGER AIRLINES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6306393 |  |  |
| **PROFESSIONAL SERVICES – 7.2%** | **PROFESSIONAL SERVICES – 7.2%** | **PROFESSIONAL SERVICES – 7.2%** | **PROFESSIONAL SERVICES – 7.2%** |
| **Data Processing & Outsourced Services – 1.1%** | **Data Processing & Outsourced Services – 1.1%** | **Data Processing & Outsourced Services – 1.1%** | **Data Processing & Outsourced Services – 1.1%** |
| Broadridge Financial Solutions, Inc. | Broadridge Financial Solutions, Inc. | &nbsp;&nbsp;28435 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6267074 |
| Concentrix Corp. | Concentrix Corp. | &nbsp;&nbsp;&nbsp;&nbsp;9234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372222 |
| CSG Systems International, Inc. | CSG Systems International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543663 |
| ExlService Holdings, Inc. (a) | ExlService Holdings, Inc. (a) | &nbsp;&nbsp;39570 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1547187 |
| Genpact Ltd. | Genpact Ltd. | &nbsp;&nbsp;40159 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1532066 |
| Maximus, Inc. | Maximus, Inc. | &nbsp;&nbsp;13685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1137497 |
| SS&C Technologies Holdings, Inc. | SS&C Technologies Holdings, Inc. | &nbsp;&nbsp;53718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4561733 |
| TaskUS, Inc. Class A (a) | TaskUS, Inc. Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp;3356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44769 |
| Verra Mobility Corp. (a) | Verra Mobility Corp. (a) | &nbsp;&nbsp;38546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;894653 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16900864 |
| **Human Resource & Employment Services – 3.0%** | **Human Resource & Employment Services – 3.0%** | **Human Resource & Employment Services – 3.0%** | **Human Resource & Employment Services – 3.0%** |
| Alight, Inc. Class A | Alight, Inc. Class A | 104101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;299811 |
| Automatic Data Processing, Inc. | Automatic Data Processing, Inc. | &nbsp;&nbsp;98276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25581243 |
| Barrett Business Services, Inc. | Barrett Business Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;6283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254273 |
| Dayforce, Inc. (a) | Dayforce, Inc. (a) | &nbsp;&nbsp;38726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2662025 |
| First Advantage Corp. (a) | First Advantage Corp. (a) | &nbsp;&nbsp;19417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245237 |
| Heidrick & Struggles International, Inc. | Heidrick & Struggles International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288581 |
| Insperity, Inc. | Insperity, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8792 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387903 |
| Kforce, Inc. | Kforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120504 |
| Korn Ferry | Korn Ferry | &nbsp;&nbsp;12530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;810691 |
| ManpowerGroup, Inc. | ManpowerGroup, Inc. | &nbsp;&nbsp;11308 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346703 |
| Paychex, Inc. | Paychex, Inc. | &nbsp;&nbsp;78498 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9186621 |
| Paycom Software, Inc. | Paycom Software, Inc. | &nbsp;&nbsp;12587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2354902 |
| Paylocity Holding Corp. (a) | Paylocity Holding Corp. (a) | &nbsp;&nbsp;10696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1511024 |
| Robert Half, Inc. | Robert Half, Inc. | &nbsp;&nbsp;24776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;648883 |
| TriNet Group, Inc. | TriNet Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456360 |
| Upwork, Inc. (a) | Upwork, Inc. (a) | &nbsp;&nbsp;30275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;482584 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45637345 |
| **Research & Consulting Services – 3.1%** | **Research & Consulting Services – 3.1%** | **Research & Consulting Services – 3.1%** | **Research & Consulting Services – 3.1%** |
| Amentum Holdings, Inc. (a) | Amentum Holdings, Inc. (a) | &nbsp;&nbsp;38234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;856824 |
| BlackSky Technology, Inc. (a) | BlackSky Technology, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;6901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145749 |
| Booz Allen Hamilton Holding Corp. | Booz Allen Hamilton Holding Corp. | &nbsp;&nbsp;30042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2618461 |
| CACI International, Inc. Class A (a) | CACI International, Inc. Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp;5323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2992857 |
| CBIZ, Inc. (a) | CBIZ, Inc. (a) | &nbsp;&nbsp;11855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652025 |
| Clarivate PLC (a) | Clarivate PLC (a) | &nbsp;&nbsp;76022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258475 |
| CRA International, Inc. | CRA International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315642 |
| Equifax, Inc. | Equifax, Inc. | &nbsp;&nbsp;30072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6348199 |
| Exponent, Inc. | Exponent, Inc. | &nbsp;&nbsp;12202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;864024 |
| FTI Consulting, Inc. (a) | FTI Consulting, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;8304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1370243 |

---

---

| | |
|:---|:---|
| **5** | ***Quarterly Report*** |

---

------

Schedule of Investments (Unaudited)–continued

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** | &nbsp;&nbsp;**Common Stocks – continued** |
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **PROFESSIONAL SERVICES – continued** | **PROFESSIONAL SERVICES – continued** | **PROFESSIONAL SERVICES – continued** | **PROFESSIONAL SERVICES – continued** |
| **Research & Consulting Services – continued** | **Research & Consulting Services – continued** | **Research & Consulting Services – continued** | **Research & Consulting Services – continued** |
| Huron Consulting Group, Inc. (a) | Huron Consulting Group, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;4172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$686044 |
| ICF International, Inc. | ICF International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;4413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354276 |
| Innodata, Inc. (a) | Innodata, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;7599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566961 |
| Jacobs Solutions, Inc. | Jacobs Solutions, Inc. | &nbsp;&nbsp;29053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4526748 |
| KBR, Inc. | KBR, Inc. | &nbsp;&nbsp;31362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1343548 |
| Legalzoom.com, Inc. (a) | Legalzoom.com, Inc. (a) | &nbsp;&nbsp;28523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;284374 |
| Leidos Holdings, Inc. | Leidos Holdings, Inc. | &nbsp;&nbsp;29604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5638674 |
| Parsons Corp. (a) | Parsons Corp. (a) | &nbsp;&nbsp;12940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1075832 |
| Planet Labs PBC (a) | Planet Labs PBC (a) | &nbsp;&nbsp;50801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683273 |
| Science Applications International Corp. | Science Applications International Corp. | &nbsp;&nbsp;11358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1064358 |
| TIC Solutions, Inc. (a) | TIC Solutions, Inc. (a) | &nbsp;&nbsp;28376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;344201 |
| TransUnion | TransUnion | &nbsp;&nbsp;47241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3835024 |
| UL Solutions, Inc. Class A | UL Solutions, Inc. Class A | &nbsp;&nbsp;15190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1182845 |
| Verisk Analytics, Inc. | Verisk Analytics, Inc. | &nbsp;&nbsp;33863 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7407870 |
| Willdan Group, Inc. (a) | Willdan Group, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;3339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315569 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45732096 |
| TOTAL PROFESSIONAL SERVICES | &nbsp;&nbsp;&nbsp;&nbsp;108270305 |  |  |
| **TRADING COMPANIES & DISTRIBUTORS – 5.1%** | **TRADING COMPANIES & DISTRIBUTORS – 5.1%** | **TRADING COMPANIES & DISTRIBUTORS – 5.1%** | **TRADING COMPANIES & DISTRIBUTORS – 5.1%** |
| **Trading Companies & Distributors – 5.1%** | **Trading Companies & Distributors – 5.1%** | **Trading Companies & Distributors – 5.1%** | **Trading Companies & Distributors – 5.1%** |
| Air Lease Corp. | Air Lease Corp. | &nbsp;&nbsp;25610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1635455 |
| Applied Industrial Technologies, Inc. | Applied Industrial Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2369856 |
| BlueLinx Holdings, Inc. (a) | BlueLinx Holdings, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;1954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127870 |
| Boise Cascade Co. | Boise Cascade Co. | &nbsp;&nbsp;&nbsp;&nbsp;9079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639979 |
| Core & Main, Inc. Class A (a) | Core & Main, Inc. Class A (a) | &nbsp;&nbsp;46042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2402472 |
| Custom Truck One Source, Inc. (a) | Custom Truck One Source, Inc. (a) | &nbsp;&nbsp;15177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;89392 |
| Distribution Solutions Group, Inc. (a) | Distribution Solutions Group, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;2252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61570 |
| DNOW, Inc. (a) | DNOW, Inc. (a) | &nbsp;&nbsp;25368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372910 |
| DXP Enterprises, Inc. (a) | DXP Enterprises, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;3251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;388982 |
| Fastenal Co. | Fastenal Co. | 277663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11425832 |
| Ferguson Enterprises, Inc. | Ferguson Enterprises, Inc. | &nbsp;&nbsp;47740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11863390 |
| FTAI Aviation Ltd. | FTAI Aviation Ltd. | &nbsp;&nbsp;24826 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4292415 |
| GATX Corp. | GATX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;8195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1285386 |
| Global Industrial Co. | Global Industrial Co. | &nbsp;&nbsp;&nbsp;&nbsp;4599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130704 |
| Herc Holdings, Inc. | Herc Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1090802 |
| McGrath RentCorp | McGrath RentCorp | &nbsp;&nbsp;&nbsp;&nbsp;5991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;643673 |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;****  | &nbsp;&nbsp;****  | &nbsp;&nbsp;****  | &nbsp;&nbsp;****  |
|  |  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| MRC Global, Inc. (a) | MRC Global, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;21023 | &nbsp;&nbsp;&nbsp;&nbsp;$293271 |
| MSC Industrial Direct Co., Inc. Class A | MSC Industrial Direct Co., Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;10841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920509 |
| QXO, Inc. (a) | QXO, Inc. (a) | &nbsp;&nbsp;&nbsp;130144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2299644 |
| Rush Enterprises, Inc. Class A | Rush Enterprises, Inc. Class A | &nbsp;&nbsp;&nbsp;&nbsp;14822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;732355 |
| Rush Enterprises, Inc. Class B | Rush Enterprises, Inc. Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98958 |
| SiteOne Landscape Supply, Inc. (a) | SiteOne Landscape Supply, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;10867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1410211 |
| Transcat, Inc. (a) | Transcat, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160847 |
| United Rentals, Inc. | United Rentals, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;15731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13704533 |
| Watsco, Inc. | Watsco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3109684 |
| WESCO International, Inc. | WESCO International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11814 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3066087 |
| Willis Lease Finance Corp. | Willis Lease Finance Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96670 |
| WW Grainger, Inc. | WW Grainger, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;11044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10812076 |
| Xometry, Inc. Class A (a) | Xometry, Inc. Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp;10854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528481 |
| TOTAL TRADING COMPANIES & DISTRIBUTORS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76054014 |  |  |
| **TOTAL COMMON STOCKS<br> (Cost $1,083,922,129)** | **TOTAL COMMON STOCKS<br> (Cost $1,083,922,129)** | **TOTAL COMMON STOCKS<br> (Cost $1,083,922,129)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1496258202** |
| &nbsp;&nbsp;**Money Market Fund – 0.2%** | &nbsp;&nbsp;**Money Market Fund – 0.2%** | &nbsp;&nbsp;**Money Market Fund – 0.2%** | &nbsp;&nbsp;**Money Market Fund – 0.2%** |
| State Street Institutional Treasury Plus Money Market Fund, Trust Class, 3.93% (b)<br> (Cost $2,780,000) | State Street Institutional Treasury Plus Money Market Fund, Trust Class, 3.93% (b)<br> (Cost $2,780,000) | 2780000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2780000 |
| **TOTAL INVESTMENT IN SECURITIES – 100.0%<br> (Cost $1,086,702,129)** | &nbsp;&nbsp;**1499038202** |  |  |
| **NET OTHER ASSETS (LIABILITIES) (c) – 0.0%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**619217** |  |  |
| **NET ASSETS – 100.0%** | **$1499657419** |  |  |

---

---

| | |
|:---|:---|
| **Legend** | **Legend** |
| (a) | Non-income producing. |
| (b) | The rate quoted is the annualized seven-day yield of the fund at period end. |
| (c) | Includes $162,584 of cash collateral to cover margin requirements for futures contracts. |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Futures Contracts** | &nbsp;&nbsp;**Futures Contracts** | &nbsp;&nbsp;**Futures Contracts** | &nbsp;&nbsp;**Futures Contracts** | &nbsp;&nbsp;**Futures Contracts** | &nbsp;&nbsp;**Futures Contracts** |
|  | **Number of<br> contracts** | &nbsp;&nbsp;**Expiration<br> Date** | &nbsp;&nbsp;**Notional<br> Amount** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unrealized<br> Appreciation/<br> (Depreciation)** |
| **Purchased** |  |  |  |  |  |
| **Equity Index Contracts** |  |  |  |  |  |
| CME E-mini Industrial Select Sector Index Contracts (United States) | 16 | &nbsp;&nbsp;December 2025 | &nbsp;&nbsp;2510240 | &nbsp;&nbsp;$15143 | &nbsp;&nbsp;$15143 |
| CME E-mini Russell 2000 Index Contracts (United States) | 5 | &nbsp;&nbsp;December 2025 | &nbsp;&nbsp;&nbsp;&nbsp;622475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5536 |
| Total Equity Index Contracts |  |  |  |  | &nbsp;&nbsp;&nbsp;$20679 |

---

 ***Quarterly Report*** <sub>6</sub>

------

The notional amount of futures purchased as a percentage of Net Assets is 0.2%

#### Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 – unadjusted quoted prices in active markets for identical investments

Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 – unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy. Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy. If an unaffiliated open-end mutual fund's NAV is unavailable, shares of that fund may be valued by another method that the Board believes reflects fair value in accordance with the Board's fair value pricing policies and is categorized as Level 2 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

#### Derivative Instruments
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.

The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.

The Fund's use of derivatives increased or decreased its exposure to the following risk(s):

Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.

Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.

The Fund used futures contracts to manage its exposure to the stock market.

Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

---

| | |
|:---|:---|
| **7** | ***Quarterly Report*** |

---

------

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.* 

 ***Quarterly Report*** <sub>8</sub>

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FIDELITY COVINGTON TRUST

- **b. Investment Company Act file number:** 811-07319

- **c. CIK number of Registrant:** 0000945908

- **d. LEI of Registrant:** 549300JFYFTF85QAQR28

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

  - **Street Address 1:** 245 SUMMER STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity MSCI Industrials Index ETF

- **b. EDGAR series identifier (if any):** S000042576

- **c. LEI of Series:** 549300U5MV2536PM1969

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $1499760472.58

**Total Liabilities:** $105443.96

**Net Assets:** $1499655028.62

**Cash Not Reported:** $83543.80

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000131668 | 0.25%                | 2.11%                | 1.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1502919.45             | $3367771.64                                |
| Month 2  | $5828695.32              | $23047941.84                               |
| Month 3  | $31007615.49             | $-10977139.29                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AAON Inc                                   | AAON Inc                                                   | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16713 | NS      | $1644392.07   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp                                   | AAR Corp                                                   | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |      8719 | NS      | $734226.99    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ACV Auctions Inc                           | ACV Auctions Inc                                           | CUSIP: 00091G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41428 | NS      | $375751.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc                         | ABM Industries Inc                                         | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     15109 | NS      | $649687.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO Corp                                  | AGCO Corp                                                  | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     15409 | NS      | $1589592.44   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                             | API Group Corp                                             | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     80457 | NS      | $2962426.74   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                    | AZZ Inc                                                    | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |      6947 | NS      | $693657.95    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Inc                                 | Acuity Inc                                                 | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7416 | NS      | $2707210.80   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TIC Solutions Inc                          | TIC Solutions Inc                                          | CUSIP: 00510N102<br>LEI: 213800ZDFRNC8QXEZ481 | Long             | EC               | CORP              | US        |     28376 | NS      | $344200.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                      | AECOM                                                      | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     31965 | NS      | $4294497.75   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems Inc              | Advanced Drainage Systems Inc                              | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     17838 | NS      | $2498211.90   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment Inc                          | AeroVironment Inc                                          | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |      7812 | NS      | $2889736.92   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                             | Air Lease Corp                                             | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |     25610 | NS      | $1635454.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc                            | Alamo Group Inc                                            | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |      2485 | NS      | $444119.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc                       | Alaska Air Group Inc                                       | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |      7317 | NS      | $305338.41    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp                  | Albany International Corp                                  | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Long             | EC               | CORP              | US        |      7378 | NS      | $417447.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Alight Inc                                 | Alight Inc                                                 | CUSIP: 01626W101<br>LEI: 549300600ESCO1HTVN74 | Long             | EC               | CORP              | US        |    104101 | NS      | $299810.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                    | ATI Inc                                                    | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     34108 | NS      | $3375668.76   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co                        | Allegiant Travel Co                                        | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |      1118 | NS      | $69517.24     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings Inc          | Allison Transmission Holdings Inc                          | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     20400 | NS      | $1684020.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co                          | U-Haul Holding Co                                          | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |     23418 | NS      | $1135538.82   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameresco Inc                               | Ameresco Inc                                               | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |      7899 | NS      | $312168.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines Group Inc                | American Airlines Group Inc                                | CUSIP: 02376R102<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | EC               | CORP              | US        |     40579 | NS      | $532802.27    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc                       | Amentum Holdings Inc                                       | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |     38234 | NS      | $856823.94    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| American Superconductor Corp               | American Superconductor Corp                               | CUSIP: 030111207<br>LEI: 549300S9YT8Z8LOK4452 | Long             | EC               | CORP              | US        |     10549 | NS      | $624817.27    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corp                     | American Woodmark Corp                                     | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |      3478 | NS      | $221652.94    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                                 | AMETEK Inc                                                 | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     55893 | NS      | $11296534.23  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Amprius Technologies Inc                   | Amprius Technologies Inc                                   | CUSIP: 03214Q108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21892 | NS      | $308458.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises Inc                     | Apogee Enterprises Inc                                     | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |      5325 | NS      | $194948.25    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc        | Applied Industrial Technologies Inc                        | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      9218 | NS      | $2369855.62   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                               | ArcBest Corp                                               | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |      5501 | NS      | $408834.32    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer Aviation Inc                        | Archer Aviation Inc                                        | CUSIP: 03945R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    130098 | NS      | $1459699.56   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                 | Arcosa Inc                                                 | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     11815 | NS      | $1205130.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc                                  | Argan Inc                                                  | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |      3334 | NS      | $1020904.14   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries Inc             | Armstrong World Industries Inc                             | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |     10506 | NS      | $2000657.58   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Technologies Inc                     | Array Technologies Inc                                     | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |     36468 | NS      | $315812.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Astec Industries Inc                       | Astec Industries Inc                                       | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |      4945 | NS      | $230090.85    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                             | Astronics Corp                                             | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |      6502 | NS      | $319768.36    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                                 | Atkore Inc                                                 | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |      8130 | NS      | $563002.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc          | Atmus Filtration Technologies Inc                          | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19882 | NS      | $904233.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc              | Automatic Data Processing Inc                              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     98276 | NS      | $25581242.80  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Avis Budget Group Inc                      | Avis Budget Group Inc                                      | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Long             | EC               | CORP              | US        |      4242 | NS      | $577208.94    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                        | Axon Enterprise Inc                                        | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |     17900 | NS      | $13106917.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc                       | BWX Technologies Inc                                       | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |     22167 | NS      | $4735092.87   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services Inc              | Barrett Business Services Inc                              | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |      6283 | NS      | $254273.01    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackSky Technology Inc                    | BlackSky Technology Inc                                    | CUSIP: 09263B207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6901 | NS      | $145749.12    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp                          | Bloom Energy Corp                                          | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     53410 | NS      | $7058665.60   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp                             | Blue Bird Corp                                             | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |      7764 | NS      | $387889.44    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueLinx Holdings Inc                      | BlueLinx Holdings Inc                                      | CUSIP: 09624H208<br>LEI: 549300YSX7GU28F5I540 | Long             | EC               | CORP              | US        |      1954 | NS      | $127869.76    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                              | Boeing Co/The                                              | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    182538 | NS      | $36693788.76  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                           | Boise Cascade Co                                           | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |      9079 | NS      | $639978.71    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp           | Booz Allen Hamilton Holding Corp                           | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     30042 | NS      | $2618460.72   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp                                 | Brady Corp                                                 | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |     10603 | NS      | $804873.73    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightView Holdings Inc                    | BrightView Holdings Inc                                    | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |     17342 | NS      | $213653.44    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Brink's Co/The                             | Brink's Co/The                                             | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     10170 | NS      | $1130497.20   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc         | Broadridge Financial Solutions Inc                         | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |     28435 | NS      | $6267074.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                   | Builders FirstSource Inc                                   | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     26757 | NS      | $3108360.69   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc                                   | CBIZ Inc                                                   | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |     11855 | NS      | $652025.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp                    | CECO Environmental Corp                                    | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |      7262 | NS      | $355039.18    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc                  | CH Robinson Worldwide Inc                                  | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     28740 | NS      | $4425672.60   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CRA International Inc                      | CRA International Inc                                      | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1657 | NS      | $315641.93    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc              | CSG Systems International Inc                              | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |      6946 | NS      | $543663.42    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                        | CSW Industrials Inc                                        | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |      4064 | NS      | $1017706.88   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                                   | CSX Corp                                                   | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    454788 | NS      | $16381463.76  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc                     | CACI International Inc                                     | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      5323 | NS      | $2992856.75   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadre Holdings Inc                         | Cadre Holdings Inc                                         | CUSIP: 12763L105<br>LEI: 2549006IKQEWJ8M7CB97 | Long             | EC               | CORP              | US        |      6849 | NS      | $290808.54    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                           | Carlisle Cos Inc                                           | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     10471 | NS      | $3403598.55   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp                  | Carpenter Technology Corp                                  | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     12002 | NS      | $3791431.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp                        | Carrier Global Corp                                        | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |    186802 | NS      | $11112850.98  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems Inc                  | Casella Waste Systems Inc                                  | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     15246 | NS      | $1350338.22   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                            | Caterpillar Inc                                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    113867 | NS      | $65730864.42  | 4.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Centuri Holdings Inc                       | Centuri Holdings Inc                                       | CUSIP: 155923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19373 | NS      | $391140.87    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce Inc                               | Dayforce Inc                                               | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |     38726 | NS      | $2662025.24   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc                       | Chart Industries Inc                                       | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |     10866 | NS      | $2169070.92   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                                | Cintas Corp                                                | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     87977 | NS      | $16123544.79  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc                          | Clean Harbors Inc                                          | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     12325 | NS      | $2594535.75   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc                    | Comfort Systems USA Inc                                    | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      8536 | NS      | $8242190.88   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                            | Concentrix Corp                                            | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |      9234 | NS      | $372222.54    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc                  | Construction Partners Inc                                  | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |     11442 | NS      | $1308392.70   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                                 | Copart Inc                                                 | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |    222388 | NS      | $9564907.88   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreCivic Inc                              | CoreCivic Inc                                              | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |     26694 | NS      | $494639.82    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                            | Core & Main Inc                                            | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46042 | NS      | $2402471.56   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Covenant Logistics Group Inc               | Covenant Logistics Group Inc                               | CUSIP: 22284P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3811 | NS      | $76867.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co                                   | Crane Co                                                   | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |     11813 | NS      | $2244470.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                                | Cummins Inc                                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     33355 | NS      | $14598816.40  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                        | Curtiss-Wright Corp                                        | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      9128 | NS      | $5437823.44   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Custom Truck One Source Inc                | Custom Truck One Source Inc                                | CUSIP: 23204X103<br>LEI: 2549008QOVAS9KBZ4E50 | Long             | EC               | CORP              | US        |     15177 | NS      | $89392.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises Inc/TX                     | DXP Enterprises Inc/TX                                     | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3251 | NS      | $388982.15    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                                 | Deere & Co                                                 | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     62283 | NS      | $28751701.29  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Air Lines Inc                        | Delta Air Lines Inc                                        | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     39455 | NS      | $2263927.90   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Deluxe Corp                                | Deluxe Corp                                                | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |     10898 | NS      | $197362.78    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                           | Donaldson Co Inc                                           | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |     28223 | NS      | $2377787.75   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Dynamics Inc                       | Douglas Dynamics Inc                                       | CUSIP: 25960R105<br>LEI: 529900CDFLKNQ0QT6580 | Long             | EC               | CORP              | US        |      5432 | NS      | $164209.36    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp                                 | Dover Corp                                                 | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |     33184 | NS      | $6021568.64   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                               | Ducommun Inc                                               | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |      3414 | NS      | $313234.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc                       | Dycom Industries Inc                                       | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      7000 | NS      | $2014530.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                            | EMCOR Group Inc                                            | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     10836 | NS      | $7322752.08   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co                        | Emerson Electric Co                                        | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |    136182 | NS      | $19006921.74  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Recovery Inc                        | Energy Recovery Inc                                        | CUSIP: 29270J100<br>LEI: 549300ZEQL52Z525WJ22 | Long             | EC               | CORP              | US        |     13686 | NS      | $234167.46    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                                    | EnerSys                                                    | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |      9346 | NS      | $1179091.36   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp                    | Enerpac Tool Group Corp                                    | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |     12951 | NS      | $531509.04    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ennis Inc                                  | Ennis Inc                                                  | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6513 | NS      | $106813.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro Inc                                  | Enpro Inc                                                  | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |      5132 | NS      | $1190675.32   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovix Corp                                | Enovix Corp                                                | CUSIP: 293594107<br>LEI: 549300EC7NZGWORHYJ53 | Long             | EC               | CORP              | US        |     41851 | NS      | $501793.49    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eos Energy Enterprises Inc                 | Eos Energy Enterprises Inc                                 | CUSIP: 29415C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60346 | NS      | $967346.38    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestis Corp                                | Vestis Corp                                                | CUSIP: 29430C102<br>LEI: 254900QDW0TA2TMFAP59 | Long             | EC               | CORP              | US        |     28728 | NS      | $150822.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc                                | Equifax Inc                                                | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |     30072 | NS      | $6348199.20   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp                                  | Esab Corp                                                  | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |     13928 | NS      | $1627068.96   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc                      | ESCO Technologies Inc                                      | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |      6243 | NS      | $1370151.21   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Eve Holding Inc                            | Eve Holding Inc                                            | CUSIP: 29970N104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17942 | NS      | $78227.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Everus Construction Group Inc              | Everus Construction Group Inc                              | CUSIP: 300426103<br>LEI: 2549006JMMHR0KILT425 | Long             | EC               | CORP              | US        |     11700 | NS      | $1063413.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc                    | ExlService Holdings Inc                                    | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     39570 | NS      | $1547187.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington Inc | Expeditors International of Washington Inc                 | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |     33153 | NS      | $4041350.70   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Exponent Inc                               | Exponent Inc                                               | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Long             | EC               | CORP              | US        |     12202 | NS      | $864023.62    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting Inc                         | FTI Consulting Inc                                         | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |      8304 | NS      | $1370243.04   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                                | Fastenal Co                                                | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |    277663 | NS      | $11425832.45  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp                        | Federal Signal Corp                                        | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     14812 | NS      | $1748260.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corp                                 | FedEx Corp                                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     55102 | NS      | $13985989.64  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc                   | Ferguson Enterprises Inc                                   | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     47740 | NS      | $11863390.00  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| First Advantage Corp                       | First Advantage Corp                                       | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Long             | EC               | CORP              | US        |     19417 | NS      | $245236.71    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corp                                 | Fluor Corp                                                 | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     39887 | NS      | $1945288.99   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                             | Flowserve Corp                                             | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     31582 | NS      | $2155471.50   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluence Energy Inc                         | Fluence Energy Inc                                         | CUSIP: 34379V103<br>LEI: 25490043LHZ97BT5PP29 | Long             | EC               | CORP              | US        |     18866 | NS      | $396186.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortive Corp                               | Fortive Corp                                               | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |     82068 | NS      | $4131303.12   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations Inc             | Fortune Brands Innovations Inc                             | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |     29064 | NS      | $1476451.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Forward Air Corp                           | Forward Air Corp                                           | CUSIP: 34986A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5129 | NS      | $96476.49     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co Inc                   | Franklin Electric Co Inc                                   | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |      9396 | NS      | $890458.92    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Group Holdings Inc                | Frontier Group Holdings Inc                                | CUSIP: 35909R108<br>LEI: 549300DT3Y2BHO6G7T02 | Long             | EC               | CORP              | US        |     13571 | NS      | $52384.06     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Infrastructure Inc                    | FTAI Infrastructure Inc                                    | CUSIP: 35953C106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26729 | NS      | $142732.86    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp                                  | GATX Corp                                                  | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |      8195 | NS      | $1285385.75   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group Inc/The                          | GEO Group Inc/The                                          | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |     34536 | NS      | $586075.92    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics Inc                          | GXO Logistics Inc                                          | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |     27709 | NS      | $1557522.89   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc                             | GE Vernova Inc                                             | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     66077 | NS      | $38664295.78  | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Generac Holdings Inc                       | Generac Holdings Inc                                       | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |     14299 | NS      | $2402517.98   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                      | General Dynamics Corp                                      | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     55231 | NS      | $19049171.90  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                        | General Electric Co                                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |    258171 | NS      | $79761930.45  | 5.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibraltar Industries Inc                   | Gibraltar Industries Inc                                   | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7068 | NS      | $440972.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Industrial Co                       | Global Industrial Co                                       | CUSIP: 37892E102<br>LEI: 5493000GO8Z3HEWCGE46 | Long             | EC               | CORP              | US        |      4599 | NS      | $130703.58    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gorman-Rupp Co/The                         | Gorman-Rupp Co/The                                         | CUSIP: 383082104<br>LEI: 254900WVLPOIWPGJPA07 | Long             | EC               | CORP              | US        |      5096 | NS      | $229167.12    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                  | Graco Inc                                                  | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     40463 | NS      | $3308659.51   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| WW Grainger Inc                            | WW Grainger Inc                                            | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |     11044 | NS      | $10812076.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction Inc                   | Granite Construction Inc                                   | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |     10655 | NS      | $1096506.05   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Lakes Dredge & Dock Corp             | Great Lakes Dredge & Dock Corp                             | CUSIP: 390607109<br>LEI: 549300H65E3MZ1CX0P05 | Long             | EC               | CORP              | US        |     16533 | NS      | $187649.55    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos Inc/The                     | Greenbrier Cos Inc/The                                     | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |      7578 | NS      | $316533.06    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp                               | Griffon Corp                                               | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |      9033 | NS      | $668532.33    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp                                   | HNI Corp                                                   | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |     11338 | NS      | $463950.96    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Enviri Corp                                | Enviri Corp                                                | CUSIP: 415864107<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | EC               | CORP              | US        |     17541 | NS      | $214175.61    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hayward Holdings Inc                       | Hayward Holdings Inc                                       | CUSIP: 421298100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52385 | NS      | $888973.45    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc              | Healthcare Services Group Inc                              | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |     17723 | NS      | $316710.01    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express Inc                      | Heartland Express Inc                                      | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |     12166 | NS      | $94894.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                 | HEICO Corp                                                 | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |     10682 | NS      | $3394419.14   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                                 | HEICO Corp                                                 | CUSIP: 422806208<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |     18311 | NS      | $4536184.03   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidrick & Struggles International Inc     | Heidrick & Struggles International Inc                     | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |      4944 | NS      | $288581.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Technologies Inc                    | Helios Technologies Inc                                    | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |      8164 | NS      | $451959.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc                          | Herc Holdings Inc                                          | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |      7679 | NS      | $1090801.95   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz Global Holdings Inc                  | Hertz Global Holdings Inc                                  | CUSIP: 42806J700<br>LEI: 549300NBK3K85MH1EX16 | Long             | EC               | CORP              | US        |     29593 | NS      | $151812.09    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp                                | Hexcel Corp                                                | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |     19515 | NS      | $1393371.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand Inc                            | Hillenbrand Inc                                            | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |     16969 | NS      | $536220.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillman Solutions Corp                     | Hillman Solutions Corp                                     | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47409 | NS      | $437110.98    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc                | Honeywell International Inc                                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |    155591 | NS      | $31325136.03  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                       | Howmet Aerospace Inc                                       | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     92844 | NS      | $19121221.80  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group Inc                              | Hub Group Inc                                              | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14875 | NS      | $547846.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                                | Hubbell Inc                                                | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |     12919 | NS      | $6071930.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Hunt Transport Services Inc             | JB Hunt Transport Services Inc                             | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |     18755 | NS      | $3166969.30   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries Inc          | Huntington Ingalls Industries Inc                          | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      9503 | NS      | $3060156.06   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Huron Consulting Group Inc                 | Huron Consulting Group Inc                                 | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |      4172 | NS      | $686043.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyster-Yale Inc                            | Hyster-Yale Inc                                            | CUSIP: 449172105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2073 | NS      | $74503.62     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF International Inc                      | ICF International Inc                                      | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |      4413 | NS      | $354275.64    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| IES Holdings Inc                           | IES Holdings Inc                                           | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |      2156 | NS      | $844893.28    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                    | ITT Inc                                                    | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |     19050 | NS      | $3525583.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp                                  | IDEX Corp                                                  | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |     18259 | NS      | $3130688.14   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc                    | Illinois Tool Works Inc                                    | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     67384 | NS      | $16436305.28  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                         | Ingersoll Rand Inc                                         | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |     97672 | NS      | $7455303.76   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Innodata Inc                               | Innodata Inc                                               | CUSIP: 457642205<br>LEI: L9O7MPYIT56T6KBE0R95 | Long             | EC               | CORP              | US        |      7599 | NS      | $566961.39    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries Inc                     | Insteel Industries Inc                                     | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |      4710 | NS      | $147140.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                              | Insperity Inc                                              | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |      8792 | NS      | $387903.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Interface Inc                              | Interface Inc                                              | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |     14394 | NS      | $358410.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Machines Inc                     | Intuitive Machines Inc                                     | CUSIP: 46125A100<br>LEI: 254900386IE2PEPLVM59 | Long             | EC               | CORP              | US        |     25183 | NS      | $300433.19    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc                       | Jacobs Solutions Inc                                       | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |     29053 | NS      | $4526747.93   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group Inc              | Janus International Group Inc                              | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33988 | NS      | $326284.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corp                       | JetBlue Airways Corp                                       | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |     21042 | NS      | $88376.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JBT Marel Corp                             | JBT Marel Corp                                             | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |     12564 | NS      | $1584320.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE Inc                               | OPENLANE Inc                                               | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |     26314 | NS      | $695215.88    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                    | KBR Inc                                                    | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     31362 | NS      | $1343548.08   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                 | Kadant Inc                                                 | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |      2845 | NS      | $787097.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc                        | Karman Holdings Inc                                        | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12802 | NS      | $1078440.48   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennametal Inc                             | Kennametal Inc                                             | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |     17607 | NS      | $386473.65    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kforce Inc                                 | Kforce Inc                                                 | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |      4763 | NS      | $120503.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                 | Kirby Corp                                                 | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |      3471 | NS      | $359179.08    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings Inc   | Knight-Swift Transportation Holdings Inc                   | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39244 | NS      | $1770689.28   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                 | Korn Ferry                                                 | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     12530 | NS      | $810691.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions Inc    | Kratos Defense & Security Solutions Inc                    | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     40763 | NS      | $3693127.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LSI Industries Inc                         | LSI Industries Inc                                         | CUSIP: 50216C108<br>LEI: 529900HY42OANH6BVT33 | Long             | EC               | CORP              | US        |      6705 | NS      | $153477.45    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                  | L3Harris Technologies Inc                                  | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     45263 | NS      | $13085533.30  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                        | Landstar System Inc                                        | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |      8439 | NS      | $1083820.77   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Distribution Solutions Group Inc           | Distribution Solutions Group Inc                           | CUSIP: 520776105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2252 | NS      | $61569.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Legalzoom.com Inc                          | Legalzoom.com Inc                                          | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |     28523 | NS      | $284374.31    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                        | Leidos Holdings Inc                                        | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     29604 | NS      | $5638673.88   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc                   | Lennox International Inc                                   | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |      7734 | NS      | $3905670.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc                           | Leonardo DRS Inc                                           | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |     19109 | NS      | $698625.04    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Limbach Holdings Inc                       | Limbach Holdings Inc                                       | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |      2680 | NS      | $253206.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc              | Lincoln Electric Holdings Inc                              | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     13521 | NS      | $3169998.45   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                               | Lindsay Corp                                               | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |      2604 | NS      | $289668.96    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Liquidity Services Inc                     | Liquidity Services Inc                                     | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |      6261 | NS      | $149888.34    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings Inc                          | Loar Holdings Inc                                          | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7917 | NS      | $626472.21    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp                       | Lockheed Martin Corp                                       | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     51055 | NS      | $25112933.40  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Lyft Inc                                   | Lyft Inc                                                   | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |     99706 | NS      | $2039984.76   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MRC Global Inc                             | MRC Global Inc                                             | CUSIP: 55345K103<br>LEI: 529900TSBPOLCLI2L582 | Long             | EC               | CORP              | US        |     21023 | NS      | $293270.85    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                             | MSA Safety Inc                                             | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |      9120 | NS      | $1432113.60   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc               | MSC Industrial Direct Co Inc                               | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     10841 | NS      | $920509.31    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                              | MYR Group Inc                                              | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      3765 | NS      | $819640.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc                          | ManpowerGroup Inc                                          | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |     11308 | NS      | $346703.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd                       | Marten Transport Ltd                                       | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15425 | NS      | $158106.25    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corp                                 | Masco Corp                                                 | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     51175 | NS      | $3314093.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                                 | MasTec Inc                                                 | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |     15283 | NS      | $3120177.28   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand Inc                            | Masterbrand Inc                                            | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |     30665 | NS      | $387298.95    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                                 | Matson Inc                                                 | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |      2060 | NS      | $207957.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                                | Maximus Inc                                                | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |     13685 | NS      | $1137497.20   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp                           | McGrath RentCorp                                           | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |      5991 | NS      | $643673.04    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                        | Mercury Systems Inc                                        | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |     12251 | NS      | $948349.91    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Microvast Holdings Inc                     | Microvast Holdings Inc                                     | CUSIP: 59516C106<br>LEI: 549300J4UX9OMHSTKS35 | Long             | EC               | CORP              | US        |     51216 | NS      | $279127.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp/The                          | Middleby Corp/The                                          | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     12306 | NS      | $1528774.38   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll Inc                            | MillerKnoll Inc                                            | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |     16671 | NS      | $260401.02    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Miller Industries Inc/TN                   | Miller Industries Inc/TN                                   | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |      2782 | NS      | $111669.48    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Montrose Environmental Group Inc           | Montrose Environmental Group Inc                           | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |      7852 | NS      | $203209.76    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                                   | Moog Inc                                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |      6855 | NS      | $1404246.75   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc                     | Mueller Industries Inc                                     | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     25453 | NS      | $2694709.11   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products Inc                 | Mueller Water Products Inc                                 | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |     37871 | NS      | $971769.86    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NANO Nuclear Energy Inc                    | NANO Nuclear Energy Inc                                    | CUSIP: 63010H108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9659 | NS      | $459188.86    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| National Presto Industries Inc             | National Presto Industries Inc                             | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1369 | NS      | $146441.93    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NPK International Inc                      | NPK International Inc                                      | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |     19881 | NS      | $244536.30    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTracker Inc                             | NEXTracker Inc                                             | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35807 | NS      | $3624384.54   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                               | Nordson Corp                                               | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |     13002 | NS      | $3015813.90   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp                      | Norfolk Southern Corp                                      | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     54581 | NS      | $15467163.78  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp                      | Northrop Grumman Corp                                      | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     33099 | NS      | $19311611.55  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW Inc                                   | DNOW Inc                                                   | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     25368 | NS      | $372909.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NuScale Power Corp                         | NuScale Power Corp                                         | CUSIP: 67079K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28967 | NS      | $1299749.29   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc              | Old Dominion Freight Line Inc                              | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |     46040 | NS      | $6464936.80   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                               | Oshkosh Corp                                               | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     15552 | NS      | $1917406.08   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp                        | Otis Worldwide Corp                                        | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     95546 | NS      | $8862846.96   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                              | Owens Corning                                              | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     20591 | NS      | $2621440.21   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                                 | PACCAR Inc                                                 | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |    127092 | NS      | $12505852.80  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                       | Parker-Hannifin Corp                                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     30931 | NS      | $23904404.73  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                               | Parsons Corp                                               | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |     12940 | NS      | $1075831.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                | Paychex Inc                                                | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     78498 | NS      | $9186620.94   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                        | Paycom Software Inc                                        | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |     12587 | NS      | $2354901.83   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp                     | Paylocity Holding Corp                                     | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |     10696 | NS      | $1511023.92   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc                           | Pitney Bowes Inc                                           | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |     18240 | NS      | $180211.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Labs PBC                            | Planet Labs PBC                                            | CUSIP: 72703X106<br>LEI: 254900Q7PVI3HTQBRB44 | Long             | EC               | CORP              | US        |     50801 | NS      | $683273.45    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Plug Power Inc                             | Plug Power Inc                                             | CUSIP: 72919P202<br>LEI: 549300JPDKRSJ8JSM954 | Long             | EC               | CORP              | US        |    250088 | NS      | $672736.72    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc                      | Powell Industries Inc                                      | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |      2361 | NS      | $905183.79    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Solutions International Inc          | Power Solutions International Inc                          | CUSIP: 73933G202<br>LEI: 549300JWGWDXC70SNH31 | Long             | EC               | CORP              | US        |      1667 | NS      | $142728.54    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Preformed Line Products Co                 | Preformed Line Products Co                                 | CUSIP: 740444104<br>LEI: 549300EYH53XDJID2098 | Long             | EC               | CORP              | US        |       597 | NS      | $126629.67    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp                     | Primoris Services Corp                                     | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     13128 | NS      | $1857874.56   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Proto Labs Inc                             | Proto Labs Inc                                             | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |      5898 | NS      | $293484.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp              | Quanex Building Products Corp                              | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |     10305 | NS      | $146434.05    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                        | Quanta Services Inc                                        | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     35883 | NS      | $16116131.79  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| REV Group Inc                              | REV Group Inc                                              | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |     11917 | NS      | $610984.59    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc                                    | RXO Inc                                                    | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |     25527 | NS      | $452593.71    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                   | RTX Corp                                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    323429 | NS      | $57732076.50  | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                           | RBC Bearings Inc                                           | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7225 | NS      | $3096129.25   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwire Corp                               | Redwire Corp                                               | CUSIP: 75776W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12033 | NS      | $94699.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp                         | Regal Rexnord Corp                                         | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     15266 | NS      | $2150826.74   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services Inc                      | Republic Services Inc                                      | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     52955 | NS      | $11027349.20  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc                   | Resideo Technologies Inc                                   | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |     34164 | NS      | $1462219.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc                            | Robert Half Inc                                            | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     24776 | NS      | $648883.44    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp                            | Rocket Lab Corp                                            | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    104445 | NS      | $6577946.10   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc                    | Rockwell Automation Inc                                    | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |     27283 | NS      | $10049965.88  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                                | Rollins Inc                                                | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     70399 | NS      | $4055686.39   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                       | Rush Enterprises Inc                                       | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     14822 | NS      | $732355.02    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                       | Rush Enterprises Inc                                       | CUSIP: 781846308<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |      1886 | NS      | $98958.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System Inc                           | Ryder System Inc                                           | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |     10009 | NS      | $1693823.07   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc             | SS&C Technologies Holdings Inc                             | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     53718 | NS      | $4561732.56   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc                       | SPX Technologies Inc                                       | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |     11310 | NS      | $2532195.90   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                   | Saia Inc                                                   | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      6440 | NS      | $1883700.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National Inc                     | Schneider National Inc                                     | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |     13451 | NS      | $287447.87    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp    | Science Applications International Corp                    | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |     11358 | NS      | $1064358.18   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoals Technologies Group Inc              | Shoals Technologies Group Inc                              | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40848 | NS      | $429312.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| QXO Inc                                    | QXO Inc                                                    | CUSIP: 82846H405<br>LEI: 549300HDXQWWCBOYXP31 | Long             | EC               | CORP              | US        |    130144 | NS      | $2299644.48   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co Inc               | Simpson Manufacturing Co Inc                               | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |     10112 | NS      | $1784768.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SiteOne Landscape Supply Inc               | SiteOne Landscape Supply Inc                               | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |     10867 | NS      | $1410210.59   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest Inc                                | SkyWest Inc                                                | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |      2465 | NS      | $247683.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp                             | A O Smith Corp                                             | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     28152 | NS      | $1857750.48   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                                | Snap-on Inc                                                | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     12649 | NS      | $4244371.95   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials Inc            | Solstice Advanced Materials Inc                            | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |       389 | NS      | $17532.23     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit AeroSystems Holdings Inc            | Spirit AeroSystems Holdings Inc                            | CUSIP: 848574109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28509 | NS      | $1045995.21   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp                 | Standex International Corp                                 | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |      2933 | NS      | $684063.59    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero Inc                           | StandardAero Inc                                           | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35796 | NS      | $1034146.44   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker Inc                 | Stanley Black & Decker Inc                                 | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     37378 | NS      | $2531238.16   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Steelcase Inc                              | Steelcase Inc                                              | CUSIP: 858155203<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | EC               | CORP              | US        |     21026 | NS      | $335574.96    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc                | Sterling Infrastructure Inc                                | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      7353 | NS      | $2778698.70   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrun Inc                                 | Sunrun Inc                                                 | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |     52566 | NS      | $1091270.16   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Symbotic Inc                               | Symbotic Inc                                               | CUSIP: 87151X101<br>LEI: 529900UN9QT55OG9I235 | Long             | EC               | CORP              | US        |     12012 | NS      | $972371.40    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TaskUS Inc                                 | TaskUS Inc                                                 | CUSIP: 87652V109<br>LEI: 549300VFPOK2Y6GLWE32 | Long             | EC               | CORP              | US        |      3356 | NS      | $44769.04     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co                                 | Tennant Co                                                 | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |      4321 | NS      | $345680.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp                                 | Terex Corp                                                 | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |     15888 | NS      | $731165.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tetra Tech Inc                             | Tetra Tech Inc                                             | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |     60602 | NS      | $1938051.96   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc                                | Textron Inc                                                | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |     43709 | NS      | $3532124.29   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings Inc                 | Thermon Group Holdings Inc                                 | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |      8343 | NS      | $239694.39    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co                                      | 3M Co                                                      | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |    130291 | NS      | $21693451.50  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                              | Timken Co/The                                              | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     16184 | NS      | $1270605.84   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International Inc                    | Titan International Inc                                    | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |     12565 | NS      | $94865.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co/The                                | Toro Co/The                                                | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |     23904 | NS      | $1786345.92   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc                               | Transcat Inc                                               | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |      2214 | NS      | $160847.10    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                        | TransDigm Group Inc                                        | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13594 | NS      | $17787884.94  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                 | TransUnion                                                 | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |     47241 | NS      | $3835024.38   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                                | Trex Co Inc                                                | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26057 | NS      | $1259074.24   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TriNet Group Inc                           | TriNet Group Inc                                           | CUSIP: 896288107<br>LEI: 5299003FJVBETSFKE990 | Long             | EC               | CORP              | US        |      7606 | NS      | $456360.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries Inc                     | Trinity Industries Inc                                     | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |     19848 | NS      | $543239.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corp                          | Tutor Perini Corp                                          | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |     10795 | NS      | $727151.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc                         | UFP Industries Inc                                         | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     14618 | NS      | $1346756.34   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                      | Uber Technologies Inc                                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    480955 | NS      | $46412157.50  | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| UL Solutions Inc                           | UL Solutions Inc                                           | CUSIP: 903731107<br>LEI: 549300F7CUV5ESKV9P71 | Long             | EC               | CORP              | US        |     15190 | NS      | $1182845.30   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                           | UniFirst Corp/MA                                           | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |      3672 | NS      | $566773.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                         | Union Pacific Corp                                         | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    144643 | NS      | $31874977.91  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc               | United Airlines Holdings Inc                               | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     19809 | NS      | $1862838.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc                  | United Parcel Service Inc                                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |    177634 | NS      | $17127470.28  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals Inc                         | United Rentals Inc                                         | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     15731 | NS      | $13704532.58  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Logistics Holdings Inc           | Universal Logistics Holdings Inc                           | CUSIP: 91388P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1928 | NS      | $31195.04     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Upwork Inc                                 | Upwork Inc                                                 | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |     30275 | NS      | $482583.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                                   | VSE Corp                                                   | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |      4777 | NS      | $863108.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc                     | Valmont Industries Inc                                     | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      4852 | NS      | $2005962.36   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X Inc                                    | V2X Inc                                                    | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4986 | NS      | $284650.74    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Veralto Corp                               | Veralto Corp                                               | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     60009 | NS      | $5921688.12   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics Inc                       | Verisk Analytics Inc                                       | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |     33863 | NS      | $7407869.88   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp                        | Verra Mobility Corp                                        | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |     38546 | NS      | $894652.66    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                         | Vertiv Holdings Co                                         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     87649 | NS      | $16903986.14  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp                                 | Vicor Corp                                                 | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |      5671 | NS      | $514529.83    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technologies Corp   | Westinghouse Air Brake Technologies Corp                   | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     41426 | NS      | $8469131.44   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors               | State Street Institutional Treasury Plus Money Market Fund | CUSIP: 857492862<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |   2780000 | NS      | $2780000.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                      | Waste Connections Inc                                      | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | CA        |     62560 | NS      | $10490060.80  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management Inc                       | Waste Management Inc                                       | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     97420 | NS      | $19461593.40  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                                 | Watsco Inc                                                 | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      8450 | NS      | $3109684.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc               | Watts Water Technologies Inc                               | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |      6632 | NS      | $1807883.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises Inc                     | Werner Enterprises Inc                                     | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |     14951 | NS      | $391716.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International Inc                    | WESCO International Inc                                    | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     11814 | NS      | $3066087.42   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Willdan Group Inc                          | Willdan Group Inc                                          | CUSIP: 96924N100<br>LEI: 529900YQO0LF5VAEKN05 | Long             | EC               | CORP              | US        |      3339 | NS      | $315568.89    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Lease Finance Corp                  | Willis Lease Finance Corp                                  | CUSIP: 970646105<br>LEI: 54930023EP1OE5MKWF89 | Long             | EC               | CORP              | US        |       753 | NS      | $96670.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corp                     | WillScot Holdings Corp                                     | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     44513 | NS      | $968157.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward Inc                               | Woodward Inc                                               | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |     14425 | NS      | $3780936.75   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Enterprises Inc                | Worthington Enterprises Inc                                | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |      7854 | NS      | $440530.86    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                    | XPO Inc                                                    | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |     28597 | NS      | $4114250.39   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem Inc/NY                               | Xylem Inc/NY                                               | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     58917 | NS      | $8887629.45   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Xometry Inc                                | Xometry Inc                                                | CUSIP: 98423F109<br>LEI: 5493006JFRGU7YRRXE44 | Long             | EC               | CORP              | US        |     10854 | NS      | $528481.26    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corp            | Zurn Elkay Water Solutions Corp                            | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     36731 | NS      | $1730397.41   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                | E-MINI RUSS 2000 DEC25                                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         5 | NC      | $5535.46      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                | XAI EMINI INDUSTR DEC25                                    | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        16 | NC      | $15143.14     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegion plc                               | Allegion plc                                               | CUSIP: 000000000<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |     20817 | NS      | $3450834.09   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Cimpress PLC                               | Cimpress PLC                                               | CUSIP: 000000000<br>LEI: 549300X1IFD75XISOR81 | Long             | EC               | CORP              | IE        |      4012 | NS      | $277670.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Clarivate PLC                              | Clarivate PLC                                              | CUSIP: 000000000<br>LEI: 549300WDHIIODXFO0R55 | Long             | EC               | CORP              | JE        |     76022 | NS      | $258474.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                             | Eaton Corp PLC                                             | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     94737 | NS      | $36147849.72  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd                          | FTAI Aviation Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     24826 | NS      | $4292415.40   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                  | Gates Industrial Corp PLC                                  | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |     62566 | NS      | $1381457.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd                                | Genpact Ltd                                                | CUSIP: 000000000<br>LEI: 529900OSEC6Q0L4L5B35 | Long             | EC               | CORP              | BM        |     40159 | NS      | $1532065.85   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc         | Johnson Controls International plc                         | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |    159315 | NS      | $18224042.85  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Joby Aviation Inc                          | Joby Aviation Inc                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50953 | NS      | $883525.02    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC                         | nVent Electric PLC                                         | CUSIP: 000000000<br>LEI: 254900LK60A9DK5W5N81 | Long             | EC               | CORP              | IE        |     39896 | NS      | $4562107.60   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                | Pentair PLC                                                | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |     39817 | NS      | $4234537.95   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding PLC           | Sensata Technologies Holding PLC                           | CUSIP: 000000000<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | GB        |     35433 | NS      | $1127832.39   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                     | Trane Technologies PLC                                     | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |     53987 | NS      | $24221267.55  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Aebi Schmidt Holding AG                    | Aebi Schmidt Holding AG                                    | CUSIP: 000000000<br>LEI: 506700TN58RT735OV464 | Long             | EC               | CORP              | CH        |      9313 | NS      | $103839.95    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                          | CNH Industrial NV                                          | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |    211771 | NS      | $2221477.79   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Genco Shipping & Trading Ltd               | Genco Shipping & Trading Ltd                               | CUSIP: 000000000<br>LEI: 5493003MBZ5GU8QHXZ58 | Long             | EC               | CORP              | MH        |      8836 | NS      | $150565.44    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** FIDELITY COVINGTON TRUST

**Signature:** Stacie M Smith

**Name of Signer:** Stacie M Smith

**Title:** President and Treasurer