# EDGAR Filing Document

**Accession Number:** 0001491978
**File Stem:** 0002071691-26-014819
**Filing Date:** 2026-6
**Character Count:** 61149
**Document Hash:** b78eec26cbabffe815cf100f7df27f1a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-014819.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0002071691-26-014819

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FLEXSHARES TRUST
- **CENTRAL INDEX KEY:** 0001491978

**ORGANIZATION NAME:**
- **EIN:** 272560399
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22555
- **FILM NUMBER:** 261119264

**BUSINESS ADDRESS:**
- **STREET 1:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** (855) 353-9383

**MAIL ADDRESS:**
- **STREET 1:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FlexShares Trust
- **DATE OF NAME CHANGE:** 20110414

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NT ETF Trust
- **DATE OF NAME CHANGE:** 20100513

## Series and Classes Contracts Data

### FlexShares ESG & Climate US Large Cap Core Index Fund (Series ID: S000073358)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000230177 | FlexShares ESG & Climate US Large Cap Core Index Fund | FEUS            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FlexShares Trust

- **b. Investment Company Act file number:** 811-22555

- **c. CIK number of Registrant:** 0001491978

- **d. LEI of Registrant:** 5493007FU2RQX77I4604

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

  - **Street Address 1:** 50 South LaSalle Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60603

  - **Telephone number:** 855-353-9383

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

- **a. Name of Series:** FlexShares ESG & Climate US Large Cap Core Index Fund

- **b. EDGAR series identifier (if any):** S000073358

- **c. LEI of Series:** 5493004QXUUF3W6KWD84

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $110855688.97

**Total Liabilities:** $187759.18

**Net Assets:** $110667929.79

**Cash Not Reported:** $925701.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230177 | -1.66%               | -4.68%               | 11.18%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7810395.22              | $-9643748.25                               |
| Month 2  | $-253308.06              | $-4400706.36                               |
| Month 3  | $2.80                    | $10762456.18                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AST SpaceMobile, Inc.                    | AST SpaceMobile, Inc., Class A                | CUSIP: 00217D100<br>LEI: 254900MBSC9P2UCI6623 | Long             | EC               | CORP              | US        |       513 | NS      | $37910.70     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Abbott Laboratories                      | Abbott Laboratories                           | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      8721 | NS      | $791779.59    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                             | AbbVie, Inc.                                  | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |        57 | NS      | $12045.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe, Inc.                              | Adobe, Inc.                                   | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      2451 | NS      | $603191.10    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                    | AECOM                                         | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |      1140 | NS      | $95874.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices, Inc.             | Advanced Micro Devices, Inc.                  | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      1824 | NS      | $646589.76    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd.                  | Agnico Eagle Mines Ltd.                       | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |       627 | NS      | $118007.67    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Airbnb, Inc.                             | Airbnb, Inc., Class A                         | CUSIP: 009066101<br>LEI: 549300HMUDNO0RY56D37 | Long             | EC               | CORP              | US        |      3648 | NS      | $512033.28    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                           | Alphabet, Inc., Class C                       | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      9519 | NS      | $3635686.86   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                           | Alphabet, Inc., Class A                       | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     11115 | NS      | $4277052.00   | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                         | Amazon.com, Inc.                              | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     19608 | NS      | $5197296.48   | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co.                     | American Express Co.                          | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       171 | NS      | $55241.55     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co., Inc.           | American Water Works Co., Inc.                | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      1653 | NS      | $212278.26    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen, Inc.                              | Amgen, Inc.                                   | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      3021 | NS      | $1046021.25   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health, Inc.                    | Elevance Health, Inc.                         | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      1881 | NS      | $708046.02    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                              | Apple, Inc.                                   | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     27588 | NS      | $7486003.80   | 6.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials, Inc.                  | Applied Materials, Inc.                       | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |       969 | NS      | $382260.81    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk, Inc.                           | Autodesk, Inc.                                | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |      1824 | NS      | $432288.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.          | Automatic Data Processing, Inc.               | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      3477 | NS      | $736915.38    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.              | AvalonBay Communities, Inc.                   | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      1197 | NS      | $219051.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp.                     | Avery Dennison Corp.                          | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |       684 | NS      | $112128.12    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise, Inc.                    | Axon Enterprise, Inc.                         | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |       627 | NS      | $251903.52    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co.                         | Baker Hughes Co.                              | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7239 | NS      | $504341.13    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                    | Bank of America Corp.                         | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      9633 | NS      | $514980.18    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp. (The)      | Bank of New York Mellon Corp. (The)           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      5985 | NS      | $804204.45    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton Dickinson & Co.                   | Becton Dickinson & Co.                        | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |      1140 | NS      | $169905.60    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway, Inc.                 | Berkshire Hathaway, Inc., Class B             | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      1083 | NS      | $512908.80    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co., Inc.                       | Best Buy Co., Inc.                            | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      1710 | NS      | $103437.90    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock, Inc.                          | BlackRock, Inc.                               | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       419 | NS      | $446486.40    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings, Inc.                   | Booking Holdings, Inc.                        | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      5041 | NS      | $848702.76    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co.                 | Bristol-Myers Squibb Co.                      | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      3705 | NS      | $224485.95    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions, Inc.     | Broadridge Financial Solutions, Inc.          | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      1026 | NS      | $157983.48    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                           | Broadcom, Inc.                                | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      6384 | NS      | $2664873.12   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Group (The)                        | Cigna Group (The)                             | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      2280 | NS      | $662522.40    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp.                                | CSX Corp.                                     | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     14136 | NS      | $642198.48    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp.                         | CVS Health Corp.                              | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     10773 | NS      | $897283.17    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Design Systems, Inc.             | Cadence Design Systems, Inc.                  | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |      2280 | NS      | $751465.20    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp.               | Carpenter Technology Corp.                    | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |       399 | NS      | $170851.80    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar, Inc.                        | Caterpillar, Inc.                             | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      1197 | NS      | $1065461.67   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co., Inc.                | Church & Dwight Co., Inc.                     | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      2052 | NS      | $199167.12    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                      | Cisco Systems, Inc.                           | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     17043 | NS      | $1559434.50   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp.                             | Cintas Corp.                                  | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3078 | NS      | $537757.38    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup, Inc.                          | Citigroup, Inc.                               | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      7068 | NS      | $904562.64    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co. (The)                         | Clorox Co. (The)                              | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |      1083 | NS      | $104444.52    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.     | Cognizant Technology Solutions Corp., Class A | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |      4104 | NS      | $217101.60    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                    | Colgate-Palmolive Co.                         | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      6555 | NS      | $559534.80    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp.                            | Comcast Corp., Class A                        | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     30381 | NS      | $821502.24    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                           | ConocoPhillips                                | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      7353 | NS      | $924860.34    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison, Inc.                | Consolidated Edison, Inc.                     | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      3021 | NS      | $336811.29    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins, Inc.                            | Cummins, Inc.                                 | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       285 | NS      | $191237.85    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies, Inc.                  | Dell Technologies, Inc., Class C              | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      2565 | NS      | $535956.75    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp.                       | Devon Energy Corp.                            | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      5130 | NS      | $263528.10    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co. (The)                    | Walt Disney Co. (The)                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       798 | NS      | $82792.50     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL BK OF CANADA FINANCIAL INC      | Other Repurchase Agreement                    | CUSIP: N/A<br>LEI: 549300K66TF1ST7A3V76       | Long             | RA               | CORP              | CA        |     10000 | PA      | $10000.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CF SECURED LLC                           | Treasury Repurchase Agreement                 | CUSIP: N/A<br>LEI: 254900OXTV81I73FAT50       | Long             | RA               | CORP              | US        |    162851 | PA      | $162851.20    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| eBay, Inc.                               | eBay, Inc.                                    | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      3876 | NS      | $401088.48    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab, Inc.                             | Ecolab, Inc.                                  | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      2166 | NS      | $564459.60    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                     | Edison International                          | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |      3306 | NS      | $229733.94    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts, Inc.                    | Electronic Arts, Inc.                         | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      1311 | NS      | $265307.07    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                     | Emerson Electric Co.                          | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |      4788 | NS      | $672426.72    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                            | Equinix, Inc.                                 | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       832 | NS      | $900914.56    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                        | Eversource Energy                             | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |      3135 | NS      | $221644.50    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group, Inc.                      | Expedia Group, Inc.                           | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1026 | NS      | $254827.62    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                        | Exxon Mobil Corp.                             | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |       741 | NS      | $114358.53    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                     | Meta Platforms, Inc., Class A                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3705 | NS      | $2267126.55   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                      | Fifth Third Bancorp                           | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |       627 | NS      | $31826.52     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar, Inc.                        | First Solar, Inc.                             | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |       855 | NS      | $172615.95    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv, Inc.                             | Fiserv, Inc.                                  | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      4218 | NS      | $264257.70    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet, Inc.                           | Fortinet, Inc.                                | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      5301 | NS      | $446927.31    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova, Inc.                         | GE Vernova, Inc.                              | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       285 | NS      | $308786.10    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                    | Gilead Sciences, Inc.                         | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       969 | NS      | $126783.96    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments, Inc.                    | Global Payments, Inc.                         | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |      2109 | NS      | $151763.64    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy, Inc.                            | GoDaddy, Inc., Class A                        | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |      1254 | NS      | $108834.66    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc. (The)          | Goldman Sachs Group, Inc. (The)               | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1254 | NS      | $1158407.58   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HP, Inc.                                 | HP, Inc.                                      | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |      8265 | NS      | $172407.90    | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Halliburton Co.                          | Halliburton Co.                               | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |      6042 | NS      | $255576.60    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group, Inc. (The)     | Hartford Insurance Group, Inc. (The)          | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      2394 | NS      | $327523.14    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.           | Hewlett Packard Enterprise Co.                | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     10944 | NS      | $314858.88    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot, Inc. (The)                   | Home Depot, Inc. (The)                        | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       684 | NS      | $224899.20    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell, Inc.                            | Hubbell, Inc., Class B                        | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |       456 | NS      | $231725.52    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina, Inc.                           | Illumina, Inc.                                | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |      1311 | NS      | $166156.14    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand, Inc.                     | Ingersoll Rand, Inc.                          | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |      3420 | NS      | $273121.20    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp.                              | Intel Corp.                                   | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     24111 | NS      | $2278007.28   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.    | International Business Machines Corp.         | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      3819 | NS      | $882112.62    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances, Inc. | International Flavors & Fragrances, Inc.      | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |      2166 | NS      | $152053.20    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                     | JPMorgan Chase & Co.                          | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      7239 | NS      | $2267471.97   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil, Inc.                              | Jabil, Inc.                                   | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |       912 | NS      | $307790.88    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                        | Johnson & Johnson                             | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      7239 | NS      | $1663884.15   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                | KLA Corp.                                     | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |        57 | NS      | $99769.95     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper, Inc.                   | Keurig Dr Pepper, Inc.                        | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     10944 | NS      | $321753.60    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co. (The)                         | Kroger Co. (The)                              | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      5415 | NS      | $368599.05    | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Lam Research Corp.                       | Lam Research Corp.                            | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      1710 | NS      | $440940.60    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp.                    | Las Vegas Sands Corp.                         | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |      2850 | NS      | $155638.50    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos., Inc. (The)            | Estee Lauder Cos., Inc. (The), Class A        | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |      1995 | NS      | $153036.45    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                          | Eli Lilly & Co.                               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       399 | NS      | $372905.40    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos., Inc.                        | Lowe's Cos., Inc.                             | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       342 | NS      | $81666.18     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lululemon Athletica, Inc.                | Lululemon Athletica, Inc.                     | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |       912 | NS      | $125582.40    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI, Inc.                               | MSCI, Inc.                                    | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |       513 | NS      | $303393.33    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.                         | Mastercard, Inc., Class A                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      2793 | NS      | $1404655.56   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                        | Merck & Co., Inc.                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      9177 | NS      | $1001944.86   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife, Inc.                            | MetLife, Inc.                                 | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |      4845 | NS      | $388084.50    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                          | Microsoft Corp.                               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     13680 | NS      | $5578430.40   | 5.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology, Inc.                  | Micron Technology, Inc.                       | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      2109 | NS      | $1090690.44   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.             | Mondelez International, Inc., Class A         | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |      7296 | NS      | $448266.24    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp.                            | Moody's Corp.                                 | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |       855 | NS      | $394881.75    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                           | Morgan Stanley                                | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      2850 | NS      | $543181.50    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp, Inc.                             | NetApp, Inc.                                  | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |       171 | NS      | $18941.67     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                            | Netflix, Inc.                                 | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      1083 | NS      | $101379.63    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp.                            | Newmont Corp.                                 | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      1425 | NS      | $158303.25    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                     | NextEra Energy, Inc.                          | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |      6384 | NS      | $624865.92    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp.                   | Norfolk Southern Corp.                        | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |      1881 | NS      | $594076.23    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                             | NVIDIA Corp.                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     45657 | NS      | $9111767.49   | 8.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.               | Occidental Petroleum Corp.                    | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |      6270 | NS      | $379836.60    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK, Inc.                              | ONEOK, Inc.                                   | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      5358 | NS      | $495400.68    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                             | Oracle Corp.                                  | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |       798 | NS      | $128789.22    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp.                               | PG&E Corp.                                    | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |     18810 | NS      | $312622.20    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex, Inc.                            | Paychex, Inc.                                 | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |       399 | NS      | $36959.37     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software, Inc.                    | Paycom Software, Inc.                         | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |       228 | NS      | $28901.28     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings, Inc.                    | PayPal Holdings, Inc.                         | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      7638 | NS      | $382969.32    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                            | PepsiCo, Inc.                                 | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      2166 | NS      | $343289.34    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer, Inc.                             | Pfizer, Inc.                                  | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     27930 | NS      | $745731.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                              | Phillips 66                                   | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |       171 | NS      | $30634.65     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                           | Prologis, Inc.                                | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |      6840 | NS      | $971416.80    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group, Inc.    | Public Service Enterprise Group, Inc.         | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |      1254 | NS      | $102401.64    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup, Inc.                         | PulteGroup, Inc.                              | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1140 | NS      | $139490.40    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                    | Quanta Services, Inc.                         | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |       855 | NS      | $622243.35    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                       | Ralph Lauren Corp.                            | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |       342 | NS      | $122654.88    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                  | Republic Services, Inc.                       | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |       741 | NS      | $155032.02    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International, Inc.    | Restaurant Brands International, Inc.         | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |      1653 | NS      | $133364.04    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Rivian Automotive, Inc.                  | Rivian Automotive, Inc., Class A              | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |      1596 | NS      | $26174.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab Corp.                         | Rocket Lab Corp.                              | CUSIP: 773121108<br>LEI: 254900LNRW7906KUMM93 | Long             | EC               | CORP              | US        |      3477 | NS      | $286887.27    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global, Inc.                         | S&P Global, Inc.                              | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       513 | NS      | $221220.99    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce, Inc.                         | Salesforce, Inc.                              | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      2508 | NS      | $442737.24    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd.                                 | SLB Ltd.                                      | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |      7125 | NS      | $405270.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                   | Sempra                                        | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |       228 | NS      | $21687.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                         | ServiceNow, Inc.                              | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      3762 | NS      | $332222.22    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co. (The)               | Sherwin-Williams Co. (The)                    | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |      1995 | NS      | $641611.95    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| QXO, Inc.                                | QXO, Inc.                                     | CUSIP: 82846H405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1083 | NS      | $21735.81     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| State Street Corp.                       | State Street Corp.                            | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |      2394 | NS      | $365898.96    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp.                            | Stryker Corp.                                 | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       171 | NS      | $53887.23     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corp.                              | Sysco Corp.                                   | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      4161 | NS      | $310868.31    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings, Inc.                 | TKO Group Holdings, Inc., Class A             | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       399 | NS      | $74249.91     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                             | Target Corp.                                  | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      3876 | NS      | $502911.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                              | Tesla, Inc.                                   | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      6783 | NS      | $2588596.29   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                       | Tractor Supply Co.                            | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |      4503 | NS      | $158055.30    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos., Inc. (The)               | Travelers Cos., Inc. (The)                    | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |        57 | NS      | $17392.98     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty, Inc.                        | Ulta Beauty, Inc.                             | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |       399 | NS      | $214454.52    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp.                      | Union Pacific Corp.                           | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      1596 | NS      | $430090.08    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                 | U.S. Treasury Bills                           | CUSIP: 912797UK1<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |     82000 | PA      | $80633.42     | 0.07%             | 2026-10-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Valero Energy Corp.                      | Valero Energy Corp.                           | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      2622 | NS      | $662264.76    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                             | Ventas, Inc.                                  | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |      3135 | NS      | $275441.10    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications, Inc.             | Verizon Communications, Inc.                  | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      9348 | NS      | $448984.44    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics, Inc.                   | Verisk Analytics, Inc.                        | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |      1197 | NS      | $220834.53    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa, Inc.                               | Visa, Inc., Class A                           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      5244 | NS      | $1729680.96   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                            | Walmart, Inc.                                 | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     13224 | NS      | $1744642.32   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros Discovery, Inc.              | Warner Bros Discovery, Inc.                   | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |      6384 | NS      | $172687.20    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                   | Waste Management, Inc.                        | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |      2280 | NS      | $530214.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma, Inc.                    | Williams-Sonoma, Inc.                         | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      1026 | NS      | $185921.46    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                              | Xylem, Inc.                                   | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      1197 | NS      | $141437.52    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group, Inc.                       | Zillow Group, Inc., Class C                   | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      1368 | NS      | $60739.20     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Amer Sports, Inc.                        | Amer Sports, Inc.                             | CUSIP: N/A<br>LEI: 391200YCSWTRD1J21867       | Long             | EC               | CORP              | KY        |      1368 | NS      | $47975.76     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti plc                    | Anglogold Ashanti plc                         | CUSIP: N/A<br>LEI: 2138005YDSA7A82RNU96       | Long             | EC               | CORP              | GB        |      1539 | NS      | $144250.47    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd.                  | Arch Capital Group Ltd.                       | CUSIP: N/A<br>LEI: 549300AYR4P8AFKDCE43       | Long             | EC               | CORP              | BM        |      3192 | NS      | $301516.32    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd.                       | FTAI Aviation Ltd.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |       684 | NS      | $170774.28    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc       | Johnson Controls International plc            | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |      4788 | NS      | $699191.64    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic plc                            | Medtronic plc                                 | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |      9861 | NS      | $798445.17    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric plc                       | nVent Electric plc                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      1368 | NS      | $195487.20    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies plc                   | Trane Technologies plc                        | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |      1311 | NS      | $645719.94    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                      | S&P 500 Micro E-Mini Index                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        28 | NC      | $76839.27     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                        | CNH Industrial NV                             | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | EC               | CORP              | NL        |      6726 | NS      | $72035.46     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                    | NXP Semiconductors NV                         | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |       399 | NS      | $117142.41    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** FlexShares Trust

**Signature:** Randal Rein

**Name of Signer:** Randal Rein

**Title:** Treasurer and PFO