# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0000894189-25-015493
**Filing Date:** 2025-11
**Character Count:** 105497
**Document Hash:** c1262b5a51bd7361fc0a6253055eb75e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-015493.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0000894189-25-015493

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust II
- **CENTRAL INDEX KEY:** 0001924868

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23793
- **FILM NUMBER:** 251525649

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** (844) 986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust II
- **DATE OF NAME CHANGE:** 20220421

## Series and Classes Contracts Data

### Even Herd Long Short ETF (Series ID: S000084434)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000248811 | Even Herd Long Short ETF | EHLS            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tidal Trust II

- **b. Investment Company Act file number:** 811-23793

- **c. CIK number of Registrant:** 0001924868

- **d. LEI of Registrant:** 549300BGXECFCIZF2P89

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

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 844-986-7700

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

- **a. Name of Series:** Even Herd Long Short ETF

- **b. EDGAR series identifier (if any):** S000084434

- **c. LEI of Series:** 254900W4EPIN82R8C244

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $82083476.67

**Total Liabilities:** $24190589.55

**Net Assets:** $57892887.12

**Cash Not Reported:** $14881116.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248811 | -0.48%               | -0.28%               | 5.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1996783.89              | $-2261637.44                               |
| Month 2  | $-116368.38              | $-42048.03                                 |
| Month 3  | $808878.71               | $2046022.14                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FMC Corp                       | FMC Corp                                               | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Short            | EC               | CORP              | US        |     -3394 | NS      | $-114140.22   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Five Point Holdings LLC        | Five Point Holdings LLC                                | CUSIP: 33833Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50188 | NS      | $307652.44    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc            | Gilead Sciences Inc                                    | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      1297 | NS      | $143967.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc       | Lamb Weston Holdings Inc                               | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Short            | EC               | CORP              | US        |     -3932 | NS      | $-228370.56   | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Rentokil Initial PLC           | Rentokil Initial PLC                                   | CUSIP: 760125104<br>LEI: 549300VN4WV7Z6T14K68 | Short            | EC               | CORP              | GB        |     -4570 | NS      | $-115392.50   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Skeena Resources Ltd           | Skeena Resources Ltd                                   | CUSIP: 83056P715<br>LEI: 549300DCWSQFVVZ21289 | Long             | EC               | CORP              | CA        |     36854 | NS      | $679219.22    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings Inc   | Spectrum Brands Holdings Inc                           | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Short            | EC               | CORP              | US        |     -5593 | NS      | $-293800.29   | -0.51%            |  |  |  | No            |                  1 | On Loan: No      |
| IHS Holding Ltd                | IHS Holding Ltd                                        | CUSIP: N/A<br>LEI: 213800CLGMKL63VKTD94       | Long             | EC               | CORP              | GB        |     23429 | NS      | $159785.78    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd                | SiriusPoint Ltd                                        | CUSIP: N/A<br>LEI: 549300OGXFI85N3YZZ51       | Long             | EC               | CORP              | BM        |      8886 | NS      | $160747.74    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Kornit Digital Ltd             | Kornit Digital Ltd                                     | CUSIP: N/A<br>LEI: 5299006DPCQWP3VTFK34       | Short            | EC               | CORP              | IL        |     -7656 | NS      | $-103356.00   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd    | Royal Caribbean Cruises Ltd                            | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | US        |      1351 | NS      | $437156.58    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                      | Adobe Inc                                              | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Short            | EC               | CORP              | US        |      -905 | NS      | $-319238.75   | -0.55%            |  |  |  | No            |                  1 | On Loan: No      |
| Atour Lifestyle Holdings Ltd   | Atour Lifestyle Holdings Ltd                           | CUSIP: 04965M106<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      3843 | NS      | $144458.37    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc/The     | Cheesecake Factory Inc/The                             | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |      5242 | NS      | $286422.88    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp/WA      | Coastal Financial Corp/WA                              | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |      5825 | NS      | $630090.25    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash Inc                   | DoorDash Inc                                           | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |      1688 | NS      | $459119.12    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International           | Edison International                                   | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Short            | EC               | CORP              | US        |     -4466 | NS      | $-246880.48   | -0.43%            |  |  |  | No            |                  1 | On Loan: No      |
| Endeavour Silver Corp          | Endeavour Silver Corp                                  | CUSIP: 29258Y103<br>LEI: 549300IF2E29780PPV02 | Long             | EC               | CORP              | CA        |     14425 | NS      | $113092.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                   | Entergy Corp                                           | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      1950 | NS      | $181720.50    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc   | FactSet Research Systems Inc                           | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Short            | EC               | CORP              | US        |      -380 | NS      | $-108866.20   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Ltd     | Axalta Coating Systems Ltd                             | CUSIP: N/A<br>LEI: 529900AGLPA40GV6H619       | Short            | EC               | CORP              | US        |     -9137 | NS      | $-261500.94   | -0.45%            |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                       | AT&T Inc                                               | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     16511 | NS      | $466270.64    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| AST SpaceMobile Inc            | AST SpaceMobile Inc                                    | CUSIP: 00217D100<br>LEI: 254900MBSC9P2UCI6623 | Long             | EC               | CORP              | US        |      6475 | NS      | $317793.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Albany International Corp      | Albany International Corp                              | CUSIP: 012348108<br>LEI: L73WCPNCZIRSQGZTW097 | Short            | EC               | CORP              | US        |     -3834 | NS      | $-204352.20   | -0.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                 | Albemarle Corp                                         | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Short            | EC               | CORP              | US        |     -1827 | NS      | $-148133.16   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc             | Coterra Energy Inc                                     | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Short            | EC               | CORP              | US        |     -6857 | NS      | $-162168.05   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods Inc            | Cal-Maine Foods Inc                                    | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |      2494 | NS      | $234685.40    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Oklo Inc                       | Oklo Inc                                               | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4232 | NS      | $472418.16    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Appian Corp                    | Appian Corp                                            | CUSIP: 03782L101<br>LEI: 529900NIARIFW7HGU386 | Short            | EC               | CORP              | US        |     -5696 | NS      | $-174126.72   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc            | Cardinal Health Inc                                    | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      4130 | NS      | $648244.80    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia de Saneamento Basico do Es | Cia de Saneamento Basico do Estado de Sao Paulo SABESP | CUSIP: 20441A102<br>LEI: 254900UOXRZRS2TNWP19 | Long             | EC               | CORP              | BR        |     14297 | NS      | $355852.33    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands Inc       | Constellation Brands Inc                               | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Short            | EC               | CORP              | US        |     -1401 | NS      | $-188672.67   | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties In | Equity LifeStyle Properties Inc                        | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Short            | EC               | CORP              | US        |     -2763 | NS      | $-167714.10   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc          | ESCO Technologies Inc                                  | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |       876 | NS      | $184932.36    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trus | Federal Realty Investment Trust                        | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Short            | EC               | CORP              | US        |     -1734 | NS      | $-175671.54   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Arena Group Holdings Inc/The   | Arena Group Holdings Inc/The                           | CUSIP: 040044109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18111 | NS      | $99067.17     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank First Corp                | Bank First Corp                                        | CUSIP: 06211J100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3293 | NS      | $399473.83    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Freedom Holding Corp/NV        | Freedom Holding Corp/NV                                | CUSIP: 356390104<br>LEI: 254900RKI81EPUJ3RW71 | Long             | EC               | CORP              | KZ        |      1808 | NS      | $311211.04    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmonic Inc                   | Harmonic Inc                                           | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Short            | EC               | CORP              | US        |    -23666 | NS      | $-240919.88   | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/T | Bank of New York Mellon Corp/The                       | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      3649 | NS      | $397595.04    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services Inc  | Barrett Business Services Inc                          | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |      4210 | NS      | $186587.20    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                     | Azenta Inc                                             | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Short            | EC               | CORP              | US        |     -9255 | NS      | $-265803.60   | -0.46%            |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                     | Cactus Inc                                             | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Short            | EC               | CORP              | US        |     -8302 | NS      | $-327679.94   | -0.57%            |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                    | Cameco Corp                                            | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |      3847 | NS      | $322609.42    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc             | CareTrust REIT Inc                                     | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |      4868 | NS      | $168822.24    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp      | Carpenter Technology Corp                              | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      2149 | NS      | $527665.46    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica Inc                  | Celestica Inc                                          | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |      2307 | NS      | $568398.66    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc            | Coinbase Global Inc                                    | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |       476 | NS      | $160645.24    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | Meta Platforms Inc                                     | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       469 | NS      | $344424.22    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health Inc         | Hims & Hers Health Inc                                 | CUSIP: 433000106<br>LEI: 254900V041EIVTSB6D58 | Long             | EC               | CORP              | US        |      8594 | NS      | $487451.68    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF International Inc          | ICF International Inc                                  | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Short            | EC               | CORP              | US        |     -4683 | NS      | $-434582.40   | -0.75%            |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc        | Insight Enterprises Inc                                | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Short            | EC               | CORP              | US        |     -1041 | NS      | $-118059.81   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                     | Insmed Inc                                             | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      2901 | NS      | $417773.01    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Industrial Properti | Innovative Industrial Properties Inc                   | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Short            | EC               | CORP              | US        |     -4934 | NS      | $-264363.72   | -0.46%            |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc               | Leonardo DRS Inc                                       | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |      6527 | NS      | $296325.80    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc             | Liberty Energy Inc                                     | CUSIP: 53115L104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -13774 | NS      | $-169971.16   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Live Nation Entertainment Inc  | Live Nation Entertainment Inc                          | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |      1527 | NS      | $249511.80    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc      | Healthpeak Properties Inc                              | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Short            | EC               | CORP              | US        |     -7679 | NS      | $-147052.85   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Laureate Education Inc         | Laureate Education Inc                                 | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |      6510 | NS      | $205325.40    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Distribution Solutions Group I | Distribution Solutions Group Inc                       | CUSIP: 520776105<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -5900 | NS      | $-177472.00   | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Magic Software Enterprises Ltd | Magic Software Enterprises Ltd                         | CUSIP: 559166103<br>LEI: 529900PT36UHAIVEFN60 | Long             | EC               | CORP              | IL        |     10685 | NS      | $218080.85    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Mesa Laboratories Inc          | Mesa Laboratories Inc                                  | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Short            | EC               | CORP              | US        |     -2669 | NS      | $-178849.69   | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Metalla Royalty & Streaming Lt | Metalla Royalty & Streaming Ltd                        | CUSIP: 59124U605<br>LEI: 549300RPR0O774QEKV20 | Long             | EC               | CORP              | CA        |     24005 | NS      | $152431.75    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co           | National Fuel Gas Co                                   | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      3143 | NS      | $290318.91    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Tr | National Storage Affiliates Trust                      | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Short            | EC               | CORP              | US        |     -5207 | NS      | $-157355.54   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Oceaneering International Inc  | Oceaneering International Inc                          | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Short            | EC               | CORP              | US        |     -7514 | NS      | $-186196.92   | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| Oil-Dri Corp of America        | Oil-Dri Corp of America                                | CUSIP: 677864100<br>LEI: 549300RSG5KPUH16WH66 | Long             | EC               | CORP              | US        |      7606 | NS      | $464270.24    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan Bank Holding Corp | Metropolitan Bank Holding Corp                         | CUSIP: 591774104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2760 | NS      | $206503.20    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                 | Microsoft Corp                                         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       523 | NS      | $270887.85    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorcar Parts of America Inc  | Motorcar Parts of America Inc                          | CUSIP: 620071100<br>LEI: 549300AG4610OSV3H429 | Long             | EC               | CORP              | US        |     10219 | NS      | $169022.26    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA Inc                 | Murphy USA Inc                                         | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Short            | EC               | CORP              | US        |      -450 | NS      | $-174717.00   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                  | Owens Corning                                          | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Short            | EC               | CORP              | US        |     -1181 | NS      | $-167064.26   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                      | PG&E Corp                                              | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Short            | EC               | CORP              | US        |    -20616 | NS      | $-310889.28   | -0.54%            |  |  |  | No            |                  1 | On Loan: No      |
| Phibro Animal Health Corp      | Phibro Animal Health Corp                              | CUSIP: 71742Q106<br>LEI: 549300U24SP4AF2JUX52 | Long             | EC               | CORP              | US        |      5900 | NS      | $238714.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Quantasing Group Ltd           | Quantasing Group Ltd                                   | CUSIP: 74767N107<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     13691 | NS      | $123492.82    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp              | Ralph Lauren Corp                                      | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |       588 | NS      | $184373.28    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Rigetti Computing Inc          | Rigetti Computing Inc                                  | CUSIP: 76655K103<br>LEI: 52990024JHY459DH8W71 | Long             | EC               | CORP              | US        |     10901 | NS      | $324740.79    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc          | Robinhood Markets Inc                                  | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |      5499 | NS      | $787346.82    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                    | ROBLOX Corp                                            | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1276 | NS      | $176751.52    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Satellogic Inc                 | Satellogic Inc                                         | CUSIP: 80401C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28145 | NS      | $92315.60     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial Inc          | Triumph Financial Inc                                  | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Short            | EC               | CORP              | US        |     -5920 | NS      | $-296236.80   | -0.51%            |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                       | VSE Corp                                               | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |      2080 | NS      | $345779.20    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTO Express Cayman Inc         | ZTO Express Cayman Inc                                 | CUSIP: 98980A105<br>LEI: 549300SCJPK3YZJTJR78 | Short            | EC               | CORP              | CN        |     -9131 | NS      | $-175315.20   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Paysafe Ltd                    | Paysafe Ltd                                            | CUSIP: N/A<br>LEI: 2138003K6PVDCI5TBN11       | Short            | EC               | CORP              | GB        |    -30893 | NS      | $-399137.56   | -0.69%            |  |  |  | No            |                  1 | On Loan: No      |
| Seadrill Ltd                   | Seadrill Ltd                                           | CUSIP: N/A<br>LEI: 213800EQ6L456U2JCO89       | Short            | EC               | CORP              | BM        |    -12789 | NS      | $-386355.69   | -0.67%            |  |  |  | No            |                  1 | On Loan: No      |
| Millicom International Cellula | Millicom International Cellular SA                     | CUSIP: N/A<br>LEI: 549300CTHC1CP86P2G96       | Long             | EC               | CORP              | LU        |      7018 | NS      | $340653.72    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Alarm.com Holdings Inc         | Alarm.com Holdings Inc                                 | CUSIP: 011642105<br>LEI: 549300HIH92U1EKIHZ32 | Short            | EC               | CORP              | US        |     -2909 | NS      | $-154409.72   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Allient Inc                    | Allient Inc                                            | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |      3626 | NS      | $162263.50    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc               | Altria Group Inc                                       | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      4047 | NS      | $267344.82    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Bilibili Inc                   | Bilibili Inc                                           | CUSIP: 090040106<br>LEI: 5493008V60M52L3PIS45 | Long             | EC               | CORP              | CN        |     12877 | NS      | $361714.93    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | Broadcom Inc                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      1234 | NS      | $407108.94    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc      | Caesars Entertainment Inc                              | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Short            | EC               | CORP              | US        |     -5488 | NS      | $-148313.20   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co/The                  | Clorox Co/The                                          | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Short            | EC               | CORP              | US        |     -1331 | NS      | $-164112.30   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Information Services Group Inc | Information Services Group Inc                         | CUSIP: 45675Y104<br>LEI: 549300ZUNI6DQ0G8Q273 | Long             | EC               | CORP              | US        |     20082 | NS      | $115471.50    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc      | L3Harris Technologies Inc                              | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |       613 | NS      | $187216.33    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                     | Nasdaq Inc                                             | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |      1735 | NS      | $153460.75    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Holdings Inc   | National Vision Holdings Inc                           | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |      6044 | NS      | $176424.36    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Afya Ltd                       | Afya Ltd                                               | CUSIP: N/A<br>LEI: 54930008Y7J8Z1BSDT57       | Short            | EC               | CORP              | BR        |    -11165 | NS      | $-174174.00   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Alignment Healthcare Inc       | Alignment Healthcare Inc                               | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10203 | NS      | $178042.35    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Amprius Technologies Inc       | Amprius Technologies Inc                               | CUSIP: 03214Q108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16842 | NS      | $177177.84    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                   | Newmont Corp                                           | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      2455 | NS      | $206981.05    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                    | NVIDIA Corp                                            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      2963 | NS      | $552836.54    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Niagen Bioscience Inc          | Niagen Bioscience Inc                                  | CUSIP: 171077407<br>LEI: 529900OPI7B8JPXCVS70 | Long             | EC               | CORP              | US        |      9872 | NS      | $92105.76     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Electric Power Corp      | Korea Electric Power Corp                              | CUSIP: 500631106<br>LEI: 988400QG33WS7JEIV602 | Long             | EC               | CORP              | KR        |     41232 | NS      | $538077.60    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| LexinFintech Holdings Ltd      | LexinFintech Holdings Ltd                              | CUSIP: 528877103<br>LEI: 549300F9QU71NQ28CS19 | Long             | EC               | CORP              | CN        |     15460 | NS      | $82401.80     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Financial Group Inc     | Mizuho Financial Group Inc                             | CUSIP: 60687Y109<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |     30748 | NS      | $206011.60    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC              | NatWest Group PLC                                      | CUSIP: 639057207<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |     22481 | NS      | $318106.15    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc                    | NetEase Inc                                            | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |      1138 | NS      | $172964.62    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Basin Royalty Trust    | Permian Basin Royalty Trust                            | CUSIP: 714236106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9218 | NS      | $168228.50    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc                        | RXO Inc                                                | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Short            | EC               | CORP              | US        |    -25926 | NS      | $-398741.88   | -0.69%            |  |  |  | No            |                  1 | On Loan: No      |
| Aeva Technologies Inc          | Aeva Technologies Inc                                  | CUSIP: 00835Q202<br>LEI: 529900EOW3TB2FR95A21 | Long             | EC               | CORP              | US        |     10433 | NS      | $151278.50    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc                | Alamos Gold Inc                                        | CUSIP: 011532108<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |      6918 | NS      | $241161.48    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equitie | Alexandria Real Estate Equities Inc                    | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Short            | EC               | CORP              | US        |     -3436 | NS      | $-286356.24   | -0.49%            |  |  |  | No            |                  1 | On Loan: No      |
| Andersons Inc/The              | Andersons Inc/The                                      | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Short            | EC               | CORP              | US        |     -4035 | NS      | $-160633.35   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc     | Apple Hospitality REIT Inc                             | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Short            | EC               | CORP              | US        |    -13495 | NS      | $-162074.95   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Rhythm Pharmaceuticals Inc     | Rhythm Pharmaceuticals Inc                             | CUSIP: 76243J105<br>LEI: 529900JPNWXQ8DPLA551 | Long             | EC               | CORP              | US        |      2357 | NS      | $238033.43    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp                | Rocket Lab Corp                                        | CUSIP: 773121108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6964 | NS      | $333645.24    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc       | Baxter International Inc                               | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Short            | EC               | CORP              | US        |     -9161 | NS      | $-208595.97   | -0.36%            |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC   | British American Tobacco PLC                           | CUSIP: 110448107<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |     11988 | NS      | $636323.04    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Byrna Technologies Inc         | Byrna Technologies Inc                                 | CUSIP: 12448X201<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17099 | NS      | $378913.84    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                  | Cable One Inc                                          | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Short            | EC               | CORP              | US        |     -3215 | NS      | $-569215.75   | -0.98%            |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                   | Carter's Inc                                           | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Short            | EC               | CORP              | US        |     -4265 | NS      | $-120358.30   | -0.21%            |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc     | Casey's General Stores Inc                             | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |       530 | NS      | $299619.60    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs' Warehouse Inc/The       | Chefs' Warehouse Inc/The                               | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |      4222 | NS      | $246269.26    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                 | Cloudflare Inc                                         | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |      2147 | NS      | $460724.73    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                     | Stride Inc                                             | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |      3177 | NS      | $473182.38    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Music Entertainment Gr | Tencent Music Entertainment Group                      | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | CN        |     23898 | NS      | $557779.32    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| VEON Ltd                       | VEON Ltd                                               | CUSIP: 91822M502<br>LEI: 5493008CA3NMHYEVT131 | Long             | EC               | CORP              | AE        |     10336 | NS      | $562588.48    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Youdao Inc                     | Youdao Inc                                             | CUSIP: 98741T104<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     29434 | NS      | $292573.96    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises Inc/TX         | DXP Enterprises Inc/TX                                 | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1435 | NS      | $170865.45    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Domo Inc                       | Domo Inc                                               | CUSIP: 257554105<br>LEI: 549300X57AGT5JULJ761 | Long             | EC               | CORP              | US        |     21558 | NS      | $341478.72    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Nayax Ltd                      | Nayax Ltd                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |      6609 | NS      | $314654.49    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| HB Fuller Co                   | HB Fuller Co                                           | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Short            | EC               | CORP              | US        |     -1742 | NS      | $-103265.76   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro | Grupo Aeroportuario del Centro Norte SAB de CV         | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |      1552 | NS      | $161206.24    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                    | Hawkins Inc                                            | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |      3370 | NS      | $615766.40    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IDT Corp                       | IDT Corp                                               | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |      7875 | NS      | $411941.25    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| iRhythm Technologies Inc       | iRhythm Technologies Inc                               | CUSIP: 450056106<br>LEI: 549300FJI72RJGDQS384 | Long             | EC               | CORP              | US        |       902 | NS      | $155134.98    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties           | JBG SMITH Properties                                   | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7935 | NS      | $176553.75    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE Inc                   | OPENLANE Inc                                           | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |      4972 | NS      | $143094.16    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingsway Financial Services In | Kingsway Financial Services Inc                        | CUSIP: 496904202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9401 | NS      | $137442.62    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc                   | Strategy Inc                                           | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |       483 | NS      | $155627.43    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Claritev Corp                  | Claritev Corp                                          | CUSIP: 62548M209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5459 | NS      | $289763.72    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROBRAS                      | Petroleo Brasileiro SA - Petrobras                     | CUSIP: 71654V101<br>LEI: 5493000J801JZRCMFE49 | Short            | EC               | CORP              | BR        |    -14111 | NS      | $-166792.02   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                       | RLI Corp                                               | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Short            | EC               | CORP              | US        |     -2694 | NS      | $-175702.68   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure  | Solaris Energy Infrastructure Inc                      | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |     22367 | NS      | $894008.99    | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprott Inc                     | Sprott Inc                                             | CUSIP: 852066208<br>LEI: 254900QHJAD5TP2JNM15 | Long             | EC               | CORP              | CA        |      8528 | NS      | $709444.32    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Surgery Partners Inc           | Surgery Partners Inc                                   | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Short            | EC               | CORP              | US        |     -7511 | NS      | $-162538.04   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd             | Teck Resources Ltd                                     | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Short            | EC               | CORP              | CA        |     -4375 | NS      | $-192018.75   | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp          | Antero Midstream Corp                                  | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9076 | NS      | $176437.44    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health Inc             | Astrana Health Inc                                     | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Short            | EC               | CORP              | US        |    -12859 | NS      | $-364552.65   | -0.63%            |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                      | Toast Inc                                              | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |      5091 | NS      | $185872.41    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp          | US Foods Holding Corp                                  | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |      2390 | NS      | $183121.80    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp                    | Avient Corp                                            | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Short            | EC               | CORP              | US        |     -5289 | NS      | $-174272.55   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| BILL Holdings Inc              | BILL Holdings Inc                                      | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Short            | EC               | CORP              | US        |     -3760 | NS      | $-199167.20   | -0.34%            |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Hold | CCC Intelligent Solutions Holdings Inc                 | CUSIP: 12510Q100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -26593 | NS      | $-242262.23   | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers Inc             | Cohen & Steers Inc                                     | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Short            | EC               | CORP              | US        |     -2595 | NS      | $-170257.95   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| WPP PLC                        | WPP PLC                                                | CUSIP: 92937A102<br>LEI: 549300LSGBXPYHXGDT93 | Short            | EC               | CORP              | GB        |     -4507 | NS      | $-112900.35   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| TAT Technologies Ltd           | TAT Technologies Ltd                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     12589 | NS      | $554293.67    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc               | DT Midstream Inc                                       | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1580 | NS      | $178634.80    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Co              | Erie Indemnity Co                                      | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Short            | EC               | CORP              | US        |      -463 | NS      | $-147308.08   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Bladex                         | Banco Latinoamericano de Comercio Exterior SA          | CUSIP: N/A<br>LEI: 549300CN3134K4LC0651       | Long             | EC               | CORP              | PA        |      6068 | NS      | $278945.96    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Euroseas Ltd                   | Euroseas Ltd                                           | CUSIP: N/A<br>LEI: 213800ADWWZOFC9KU444       | Long             | EC               | CORP              | GR        |      9050 | NS      | $539470.50    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Esquire Financial Holdings Inc | Esquire Financial Holdings Inc                         | CUSIP: 29667J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8394 | NS      | $856649.67    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Exponent Inc                   | Exponent Inc                                           | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Short            | EC               | CORP              | US        |     -4369 | NS      | $-303558.12   | -0.52%            |  |  |  | No            |                  1 | On Loan: No      |
| Flotek Industries Inc          | Flotek Industries Inc                                  | CUSIP: 343389409<br>LEI: 549300TF60OEK4FPPC44 | Long             | EC               | CORP              | US        |     39721 | NS      | $579926.60    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Frequency Electronics Inc      | Frequency Electronics Inc                              | CUSIP: 358010106<br>LEI: 549300S56SO2JB5JBE31 | Long             | EC               | CORP              | US        |     10291 | NS      | $348967.81    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingles Markets Inc             | Ingles Markets Inc                                     | CUSIP: 457030104<br>LEI: 549300XH5RYBMYP8TF26 | Short            | EC               | CORP              | US        |     -2581 | NS      | $-179534.36   | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solu | Kratos Defense & Security Solutions Inc                | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |      4626 | NS      | $422677.62    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Latam Airlines Group SA        | Latam Airlines Group SA                                | CUSIP: 51817R205<br>LEI: 549300HX3UUDPEFTG707 | Long             | EC               | CORP              | CL        |      4090 | NS      | $185072.50    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lifeway Foods Inc              | Lifeway Foods Inc                                      | CUSIP: 531914109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6081 | NS      | $168808.56    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc       | MarketAxess Holdings Inc                               | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Short            | EC               | CORP              | US        |     -2335 | NS      | $-406873.75   | -0.70%            |  |  |  | No            |                  1 | On Loan: No      |
| Merchants Bancorp/IN           | Merchants Bancorp/IN                                   | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Short            | EC               | CORP              | US        |     -8411 | NS      | $-267469.80   | -0.46%            |  |  |  | No            |                  1 | On Loan: No      |
| NCS Multistage Holdings Inc    | NCS Multistage Holdings Inc                            | CUSIP: 628877201<br>LEI: 5493003WLG5T6MNJ7292 | Long             | EC               | CORP              | US        |      1112 | NS      | $56778.72     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino Inc                      | nCino Inc                                              | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Short            | EC               | CORP              | US        |     -6771 | NS      | $-183561.81   | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy Inc               | Viper Energy Inc                                       | CUSIP: 64361Q101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -4408 | NS      | $-168473.76   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc           | TTM Technologies Inc                                   | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |      3432 | NS      | $197683.20    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Up Fintech Holding Ltd         | Up Fintech Holding Ltd                                 | CUSIP: 91531W106<br>LEI: 213800JJDNMAG3L84P54 | Long             | EC               | CORP              | CN        |     14603 | NS      | $155814.01    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Xeris Biopharma Holdings Inc   | Xeris Biopharma Holdings Inc                           | CUSIP: 98422E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19485 | NS      | $158607.90    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc             | Conagra Brands Inc                                     | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Short            | EC               | CORP              | US        |     -8693 | NS      | $-159168.83   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| eBay Inc                       | eBay Inc                                               | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      1804 | NS      | $164073.80    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health Inc            | Guardant Health Inc                                    | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |      3496 | NS      | $218430.08    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc           | Howmet Aerospace Inc                                   | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      2353 | NS      | $461729.19    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc         | Yum China Holdings Inc                                 | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Short            | EC               | CORP              | CN        |     -4003 | NS      | $-171808.76   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd              | Everest Group Ltd                                      | CUSIP: N/A<br>LEI: 549300N24XF2VV0B3570       | Short            | EC               | CORP              | BM        |      -408 | NS      | $-142893.84   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                     | JD.com Inc                                             | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Short            | EC               | CORP              | CN        |    -15832 | NS      | $-553803.36   | -0.96%            |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp              | Kinross Gold Corp                                      | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |     36006 | NS      | $894749.10    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Limbach Holdings Inc           | Limbach Holdings Inc                                   | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |      3254 | NS      | $316028.48    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                    | Netflix Inc                                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       233 | NS      | $279348.36    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In | Philip Morris International Inc                        | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      1690 | NS      | $274118.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                    | Rogers Corp                                            | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Short            | EC               | CORP              | US        |     -2067 | NS      | $-166310.82   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Sirius XM Holdings Inc         | Sirius XM Holdings Inc                                 | CUSIP: 829933100<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -10353 | NS      | $-240966.08   | -0.42%            |  |  |  | No            |                  1 | On Loan: No      |
| Sprout Social Inc              | Sprout Social Inc                                      | CUSIP: 85209W109<br>LEI: 254900QE3QH8EBRDOB65 | Short            | EC               | CORP              | US        |     -9070 | NS      | $-117184.40   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Structure Therapeutics Inc     | Structure Therapeutics Inc                             | CUSIP: 86366E106<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -18815 | NS      | $-526820.00   | -0.91%            |  |  |  | No            |                  1 | On Loan: No      |
| TMC the metals co Inc          | TMC the metals co Inc                                  | CUSIP: 87261Y106<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     53739 | NS      | $342317.43    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International Inc   | Somnigroup International Inc                           | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |      2120 | NS      | $178779.60    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Vera Therapeutics Inc          | Vera Therapeutics Inc                                  | CUSIP: 92337R101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -12588 | NS      | $-365807.28   | -0.63%            |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                    | Vistra Corp                                            | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      3789 | NS      | $742340.88    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                     | Watsco Inc                                             | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Short            | EC               | CORP              | US        |      -428 | NS      | $-173040.40   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Xenon Pharmaceuticals Inc      | Xenon Pharmaceuticals Inc                              | CUSIP: 98420N105<br>LEI: 549300XV44Q9Z1MIPQ03 | Short            | EC               | CORP              | CA        |     -5390 | NS      | $-216408.50   | -0.37%            |  |  |  | No            |                  1 | On Loan: No      |
| Yatsen Holding Ltd             | Yatsen Holding Ltd                                     | CUSIP: 985194208<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14725 | NS      | $133408.50    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd             | Liberty Global Ltd                                     | CUSIP: N/A<br>LEI: 213800HRMKKTYH7SKA24       | Short            | EC               | CORP              | GB        |    -12954 | NS      | $-148452.84   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Enlight Renewable Energy Ltd   | Enlight Renewable Energy Ltd                           | CUSIP: N/A<br>LEI: 984500HF6A99N758F734       | Long             | EC               | CORP              | IL        |     16305 | NS      | $508063.80    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Sportradar Group AG            | Sportradar Group AG                                    | CUSIP: N/A<br>LEI: 549300H1P33YOAT7Z533       | Long             | EC               | CORP              | CH        |     17369 | NS      | $467226.10    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| IREN Ltd                       | IREN Ltd                                               | CUSIP: N/A<br>LEI: 254900FZF02RB3NNGB71       | Long             | EC               | CORP              | AU        |      8317 | NS      | $390316.81    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| G Willi-Food International Ltd | G Willi-Food International Ltd                         | CUSIP: N/A<br>LEI: 254900INSTVQR1H77H48       | Long             | EC               | CORP              | IL        |      7859 | NS      | $158908.98    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| uniQure NV                     | uniQure NV                                             | CUSIP: N/A<br>LEI: 724500RPCTZLFYJZ3S98       | Long             | EC               | CORP              | NL        |      2832 | NS      | $165303.84    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Adaptive Biotechnologies Corp  | Adaptive Biotechnologies Corp                          | CUSIP: 00650F109<br>LEI: 549300ZTF7OT1FW66Q96 | Long             | EC               | CORP              | US        |     36982 | NS      | $553250.72    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd         | Agnico Eagle Mines Ltd                                 | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |      4443 | NS      | $748912.08    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp                 | Atlassian Corp                                         | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Short            | EC               | CORP              | AU        |     -1027 | NS      | $-164011.90   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial Inc             | Axos Financial Inc                                     | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |      3884 | NS      | $328780.60    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BCE Inc                        | BCE Inc                                                | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Short            | EC               | CORP              | CA        |    -18282 | NS      | $-427615.98   | -0.74%            |  |  |  | No            |                  1 | On Loan: No      |
| Bancorp Inc/The                | Bancorp Inc/The                                        | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |      2249 | NS      | $168427.61    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                | Fair Isaac Corp                                        | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Short            | EC               | CORP              | US        |      -126 | NS      | $-188562.78   | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp            | Federal Signal Corp                                    | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |      1339 | NS      | $159327.61    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Finance Of America Cos Inc     | Finance Of America Cos Inc                             | CUSIP: 31738L206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13567 | NS      | $304307.81    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Futu Holdings Ltd              | Futu Holdings Ltd                                      | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | HK        |      1176 | NS      | $204518.16    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GDS Holdings Ltd               | GDS Holdings Ltd                                       | CUSIP: 36165L108<br>LEI: 391200MGV8DDCHTN2R77 | Long             | EC               | CORP              | CN        |      4503 | NS      | $174266.10    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Insurance Holdings In | Heritage Insurance Holdings Inc                        | CUSIP: 42727J102<br>LEI: 9845008CCYDD87F66B45 | Long             | EC               | CORP              | US        |     13708 | NS      | $345167.44    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp              | Lam Research Corp                                      | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      1409 | NS      | $188665.10    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Nicolet Bankshares Inc         | Nicolet Bankshares Inc                                 | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1300 | NS      | $174850.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR Inc                     | PACCAR Inc                                             | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Short            | EC               | CORP              | US        |     -1690 | NS      | $-166160.80   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp       | Pan American Silver Corp                               | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |      4527 | NS      | $175326.40    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Perpetua Resources Corp        | Perpetua Resources Corp                                | CUSIP: 714266103<br>LEI: 529900BQBMS383SEPY05 | Long             | EC               | CORP              | US        |     16491 | NS      | $333612.93    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                     | Pfizer Inc                                             | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Short            | EC               | CORP              | US        |     -6639 | NS      | $-169161.72   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| RF Industries Ltd              | RF Industries Ltd                                      | CUSIP: 749552105<br>LEI: 529900MVE73NJ5FHP926 | Long             | EC               | CORP              | US        |      6883 | NS      | $56647.09     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ramaco Resources Inc           | Ramaco Resources Inc                                   | CUSIP: 75134P600<br>LEI: 5493001BYUI4TCQOPF70 | Long             | EC               | CORP              | US        |     21856 | NS      | $725400.64    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Violet Inc                 | Red Violet Inc                                         | CUSIP: 75704L104<br>LEI: 549300T4EGADG881UU63 | Long             | EC               | CORP              | US        |      5468 | NS      | $285703.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc  | Regeneron Pharmaceuticals Inc                          | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Short            | EC               | CORP              | US        |      -254 | NS      | $-142816.58   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| Rezolute Inc                   | Rezolute Inc                                           | CUSIP: 76200L309<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19405 | NS      | $182407.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Communications Inc      | Rogers Communications Inc                              | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Short            | EC               | CORP              | CA        |     -4638 | NS      | $-159871.86   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                | Schlumberger NV                                        | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Short            | EC               | CORP              | US        |     -9742 | NS      | $-334832.54   | -0.58%            |  |  |  | No            |                  1 | On Loan: No      |
| Six Flags Entertainment Corp   | Six Flags Entertainment Corp                           | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Short            | EC               | CORP              | US        |     -5544 | NS      | $-125959.68   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc     | Sprouts Farmers Market Inc                             | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |      2983 | NS      | $324550.40    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Lithium Ltd           | Standard Lithium Ltd                                   | CUSIP: 853606101<br>LEI: 549300LA4BSHAKT4SL33 | Long             | EC               | CORP              | CA        |     23905 | NS      | $80559.85     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc    | Sterling Infrastructure Inc                            | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      1764 | NS      | $599195.52    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc               | StoneX Group Inc                                       | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |      4087 | NS      | $412460.04    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategic Education Inc        | Strategic Education Inc                                | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Short            | EC               | CORP              | US        |     -4009 | NS      | $-344814.09   | -0.60%            |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                   | Tapestry Inc                                           | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      4951 | NS      | $560552.22    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone and Data Systems Inc | Telephone and Data Systems Inc                         | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7069 | NS      | $277387.56    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts Inc               | Vail Resorts Inc                                       | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Short            | EC               | CORP              | US        |     -1457 | NS      | $-217923.49   | -0.38%            |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC             | Vodafone Group PLC                                     | CUSIP: 92857W308<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |     13660 | NS      | $158456.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                    | Waters Corp                                            | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Short            | EC               | CORP              | US        |      -549 | NS      | $-164595.69   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                  | Welltower Inc                                          | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      2607 | NS      | $464410.98    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corp         | WillScot Holdings Corp                                 | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Short            | EC               | CORP              | US        |    -15888 | NS      | $-335395.68   | -0.58%            |  |  |  | No            |                  1 | On Loan: No      |
| WisdomTree Inc                 | WisdomTree Inc                                         | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |     12138 | NS      | $168718.20    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GigaCloud Technology Inc       | GigaCloud Technology Inc                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      5111 | NS      | $145152.40    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                 | TechnipFMC PLC                                         | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |     15141 | NS      | $597312.45    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA          | Spotify Technology SA                                  | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | SE        |       430 | NS      | $300140.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc           | Align Technology Inc                                   | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Short            | EC               | CORP              | US        |      -906 | NS      | $-113449.32   | -0.20%            |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc            | Elevance Health Inc                                    | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Short            | EC               | CORP              | US        |      -583 | NS      | $-188378.96   | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| Lucky Strike Entertainment Cor | Lucky Strike Entertainment Corp                        | CUSIP: 10258P102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |    -29915 | NS      | $-306329.60   | -0.53%            |  |  |  | No            |                  1 | On Loan: No      |
| Cidara Therapeutics Inc        | Cidara Therapeutics Inc                                | CUSIP: 171757206<br>LEI: 549300IHQ9Z7RI1X2D22 | Long             | EC               | CORP              | US        |      2649 | NS      | $253668.24    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                    | Enovis Corp                                            | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Short            | EC               | CORP              | US        |     -5042 | NS      | $-152974.28   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc      | Construction Partners Inc                              | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |      2230 | NS      | $283210.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Copart Inc                     | Copart Inc                                             | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Short            | EC               | CORP              | US        |     -3487 | NS      | $-156810.39   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| Embraer SA                     | Embraer SA                                             | CUSIP: 29082A107<br>LEI: 549300EM51WYXFHUY333 | Long             | EC               | CORP              | BR        |      9096 | NS      | $549853.20    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                   | Evercore Inc                                           | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |       424 | NS      | $143023.68    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Exact Sciences Corp            | Exact Sciences Corp                                    | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Short            | EC               | CORP              | US        |     -3320 | NS      | $-181637.20   | -0.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Excelerate Energy Inc          | Excelerate Energy Inc                                  | CUSIP: 30069T101<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -6802 | NS      | $-171342.38   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund             | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   7464431 | NS      | $7464431.27   | 12.89%            |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                   | Freshpet Inc                                           | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Short            | EC               | CORP              | US        |     -2637 | NS      | $-145325.07   | -0.25%            |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies Inc | GE HealthCare Technologies Inc                         | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Short            | EC               | CORP              | US        |     -2288 | NS      | $-171828.80   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Garrett Motion Inc             | Garrett Motion Inc                                     | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | CH        |     20486 | NS      | $279019.32    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Holdings PLC              | HSBC Holdings PLC                                      | CUSIP: 404280406<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |      2999 | NS      | $212869.02    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                         | HP Inc                                                 | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Short            | EC               | CORP              | US        |     -4938 | NS      | $-134461.74   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                    | HubSpot Inc                                            | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Short            | EC               | CORP              | US        |      -337 | NS      | $-157648.60   | -0.27%            |  |  |  | No            |                  1 | On Loan: No      |
| IperionX Ltd                   | IperionX Ltd                                           | CUSIP: 44916E100<br>LEI: 98450096B1C9E094C832 | Long             | EC               | CORP              | AU        |      3576 | NS      | $176475.60    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiayin Group Inc               | Jiayin Group Inc                                       | CUSIP: 47737C104<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     13053 | NS      | $134706.96    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                        | KBR Inc                                                | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Short            | EC               | CORP              | US        |     -4729 | NS      | $-223634.41   | -0.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Educational Services C | Lincoln Educational Services Corp                      | CUSIP: 533535100<br>LEI: 549300BJ55KUY6RG7L98 | Long             | EC               | CORP              | US        |     21510 | NS      | $505485.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap Inc         | Marcus & Millichap Inc                                 | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Short            | EC               | CORP              | US        |     -5074 | NS      | $-148921.90   | -0.26%            |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                     | Matson Inc                                             | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Short            | EC               | CORP              | US        |     -3765 | NS      | $-371191.35   | -0.64%            |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies Inc        | Mirion Technologies Inc                                | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |     17572 | NS      | $408724.72    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirum Pharmaceuticals Inc      | Mirum Pharmaceuticals Inc                              | CUSIP: 604749101<br>LEI: 254900YZKR40F7F27K81 | Long             | EC               | CORP              | US        |      2405 | NS      | $176310.55    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co        | Modine Manufacturing Co                                | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |      1106 | NS      | $157228.96    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                | Morningstar Inc                                        | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Short            | EC               | CORP              | US        |      -608 | NS      | $-141062.08   | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc         | Mueller Industries Inc                                 | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |      2872 | NS      | $290387.92    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                 | NRG Energy Inc                                         | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      5409 | NS      | $875987.55    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTracker Inc                 | NEXTracker Inc                                         | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1981 | NS      | $146574.19    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| NextNav Inc                    | NextNav Inc                                            | CUSIP: 65345N106<br>LEI: 549300X9CM76JRB02P70 | Long             | EC               | CORP              | US        |     10248 | NS      | $146546.40    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Northeast Bank                 | Northeast Bank                                         | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |      1675 | NS      | $167768.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp            | Northern Trust Corp                                    | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |      1298 | NS      | $174710.80    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Novanta Inc                    | Novanta Inc                                            | CUSIP: 67000B104<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -1318 | NS      | $-131997.70   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| Nutex Health Inc               | Nutex Health Inc                                       | CUSIP: 67079U306<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1593 | NS      | $164588.76    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                      | ONEOK Inc                                              | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Short            | EC               | CORP              | US        |     -2225 | NS      | $-162358.25   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Ouster Inc                     | Ouster Inc                                             | CUSIP: 68989M202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5336 | NS      | $144338.80    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | Palantir Technologies Inc                              | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      2163 | NS      | $394574.46    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Pacific Holdings Inc       | Par Pacific Holdings Inc                               | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |      9120 | NS      | $323030.40    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Perimeter Solutions Inc        | Perimeter Solutions Inc                                | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10099 | NS      | $226116.61    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc               | Pitney Bowes Inc                                       | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |     27507 | NS      | $313854.87    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Red Cat Holdings Inc           | Red Cat Holdings Inc                                   | CUSIP: 75644T100<br>LEI: 5493005OGSQW28V2PY05 | Long             | EC               | CORP              | US        |     19502 | NS      | $201845.70    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Street Interactive Inc    | Rush Street Interactive Inc                            | CUSIP: 782011100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16312 | NS      | $334069.76    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp                       | SLM Corp                                               | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5300 | NS      | $146704.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| John B Sanfilippo & Son Inc    | John B Sanfilippo & Son Inc                            | CUSIP: 800422107<br>LEI: 5299007IBEYVXKYDUX28 | Short            | EC               | CORP              | US        |     -4916 | NS      | $-316000.48   | -0.55%            |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                        | Sea Ltd                                                | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | SG        |      1905 | NS      | $340480.65    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Seneca Foods Corp              | Seneca Foods Corp                                      | CUSIP: 817070501<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4113 | NS      | $443957.22    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Third Coast Bancshares Inc     | Third Coast Bancshares Inc                             | CUSIP: 88422P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10487 | NS      | $398191.39    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries Inc         | Trinity Industries Inc                                 | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Short            | EC               | CORP              | US        |     -5790 | NS      | $-162351.60   | -0.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc     | Vertex Pharmaceuticals Inc                             | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Short            | EC               | CORP              | US        |      -448 | NS      | $-175454.72   | -0.30%            |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop Inc            | Walker & Dunlop Inc                                    | CUSIP: 93148P102<br>LEI: N/A                  | Short            | EC               | CORP              | US        |     -3893 | NS      | $-325532.66   | -0.56%            |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank AG               | Deutsche Bank AG                                       | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |      4685 | NS      | $165895.85    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding | Credo Technology Group Holding Ltd                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      2159 | NS      | $314371.99    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Globant SA                     | Globant SA                                             | CUSIP: N/A<br>LEI: 2221008DCMSPYS42DS88       | Short            | EC               | CORP              | LU        |     -1421 | NS      | $-81536.98    | -0.14%            |  |  |  | No            |                  1 | On Loan: No      |
| Global-e Online Ltd            | Global-e Online Ltd                                    | CUSIP: N/A<br>LEI: N/A                        | Short            | EC               | CORP              | IL        |     -5139 | NS      | $-183770.64   | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| Kenon Holdings Ltd/Singapore   | Kenon Holdings Ltd/Singapore                           | CUSIP: N/A<br>LEI: 254900N5LVBX92GMVN72       | Long             | EC               | CORP              | SG        |     11839 | NS      | $534767.63    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-25

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer