# EDGAR Filing Document

**Accession Number:** 0000916620
**File Stem:** 0002066578-25-001581
**Filing Date:** 2025-11
**Character Count:** 155628
**Document Hash:** 3ff05946bfe3bdb8ac19a223a146c8d5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-25-001581.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0002066578-25-001581

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251121

**DATE AS OF CHANGE**: 20251121

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN FUNDS
- **CENTRAL INDEX KEY:** 0000916620

**ORGANIZATION NAME:**
- **EIN:** 391777365
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08236
- **FILM NUMBER:** 251506546

**BUSINESS ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** 800-595-9111

**MAIL ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

## Series and Classes Contracts Data

### SMALL CAP VALUE FUND (Series ID: S000001246)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000003392 | SMALL CAP VALUE FUND | NOSGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Funds

- **b. Investment Company Act file number:** 811-08236

- **c. CIK number of Registrant:** 0000916620

- **d. LEI of Registrant:** 5493004ZY1PEJR3C0A81

- **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:** 800-595-9111

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

- **a. Name of Series:** Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000001246

- **c. LEI of Series:** 549300EYSNZ8FAC8IJ39

**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:** $673181299.42

**Total Liabilities:** $403093.34

**Net Assets:** $672778206.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003392 | 0.78%                | 8.09%                | 0.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3580861.07              | $827804.86                                 |
| Month 2  | $100347.37               | $49510828.91                               |
| Month 3  | $31631099.32             | $-28482478.86                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SANDRIDGE ENERGY INC COM                      | SANDRIDGE ENERGY INC COM                      | CUSIP: 80007P869<br>LEI: W1MKPVGS6I5155L7VV67 | Long             | EC               | CORP              | US        |     53975 | NS      | $608838.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVEX INTL. INC                             | INNOVEX INTL. INC                             | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |     35590 | NS      | $659838.60    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| RADIAN GRP. INC                               | RADIAN GRP. INC                               | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |    168543 | NS      | $6104627.46   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| BREAD FINL. HLDGS. INC                        | BREAD FINL. HLDGS. INC                        | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |     12731 | NS      | $710007.87    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS FINL. CORP                               | WSFS FINL. CORP                               | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     11297 | NS      | $609247.21    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ETHAN ALLEN INTERIORS INC                     | ETHAN ALLEN INTERIORS INC                     | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     87845 | NS      | $2587913.70   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CERAGON NETWORKS LTD                          | CERAGON NETWORKS LTD                          | CUSIP: M22013102<br>LEI: 529900WC6JZN5WQLZ645 | Long             | EC               | CORP              | IL        |    258149 | NS      | $601487.17    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| ENNIS INC                                     | ENNIS INC                                     | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40675 | NS      | $743539.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ENPRO INC                                     | ENPRO INC                                     | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |      5148 | NS      | $1163448.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN WOODMARK CORP                        | AMERICAN WOODMARK CORP                        | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |      3546 | NS      | $236730.96    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SENECA FOODS CORP                             | SENECA FOODS CORP                             | CUSIP: 817070501<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6419 | NS      | $692866.86    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CIVISTA BANCSHARES INC                        | CIVISTA BANCSHARES INC                        | CUSIP: 178867107<br>LEI: 5493001LX61Z2UVYSC48 | Long             | EC               | CORP              | US        |      9937 | NS      | $201820.47    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SMARTFINANCIAL INC                            | SMARTFINANCIAL INC                            | CUSIP: 83190L208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20046 | NS      | $716243.58    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIFIRST CORP/MA                              | UNIFIRST CORP/MA                              | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |     23830 | NS      | $3984137.70   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| QUAKER HOUGHTON                               | QUAKER HOUGHTON                               | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |       562 | NS      | $74043.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NELNET INC                                    | NELNET INC                                    | CUSIP: 64031N108<br>LEI: 549300T6B0Q52I6OM558 | Long             | EC               | CORP              | US        |     39123 | NS      | $4905241.74   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| MILLER INDS. INC/TN                           | MILLER INDS. INC/TN                           | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |      1695 | NS      | $68511.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PREFORMED LINE PRODS. CO                      | PREFORMED LINE PRODS. CO                      | CUSIP: 740444104<br>LEI: 549300EYH53XDJID2098 | Long             | EC               | CORP              | US        |      5690 | NS      | $1116093.50   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ S RESTAURANTS INC                          | BJ S RESTAURANTS INC                          | CUSIP: 09180C106<br>LEI: 5299000EOW66I1OJNQ23 | Long             | EC               | CORP              | US        |      3435 | NS      | $104870.55    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| INSTEEL INDS. INC                             | INSTEEL INDS. INC                             | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |      2875 | NS      | $110227.50    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNSTONE HOTEL INVSTRS. I                     | SUNSTONE HOTEL INVSTRS. I                     | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |    283661 | NS      | $2657903.57   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| GIBRALTAR INDS. INC                           | GIBRALTAR INDS. INC                           | CUSIP: 374689107<br>LEI: 549300AE5O3GN0YBLM57 | Long             | EC               | CORP              | US        |     10662 | NS      | $669573.60    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWESTERN ENERGY                           | NORTHWESTERN ENERGY                           | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     65840 | NS      | $3858882.40   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TRICO BANCSHARES                              | TRICO BANCSHARES                              | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63143 | NS      | $2804180.63   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSIDE BANCSHARES INC                      | SOUTHSIDE BANCSHARES INC                      | CUSIP: 84470P109<br>LEI: 549300TC83207VQA2K65 | Long             | EC               | CORP              | US        |     20914 | NS      | $590820.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVEST FINL. CORP                            | UNIVEST FINL. CORP                            | CUSIP: 915271100<br>LEI: 4WII2HCR8UEWNU03U507 | Long             | EC               | CORP              | US        |     34039 | NS      | $1021850.78   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GREENBRIER COS INC/THE                        | GREENBRIER COS INC/THE                        | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |     12112 | NS      | $559211.04    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGNET JEWELERS LTD                           | SIGNET JEWELERS LTD                           | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |     20943 | NS      | $2008852.56   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTEON CORP                                  | VISTEON CORP                                  | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |      6450 | NS      | $773097.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BANCORP/PUERTO RICO                     | FIRST BANCORP/PUERTO RICO                     | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    334286 | NS      | $7371006.30   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| KEMPER CORP                                   | KEMPER CORP                                   | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     25150 | NS      | $1296482.50   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERFACE INC                                 | INTERFACE INC                                 | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |     30234 | NS      | $874971.96    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SILA REALTY TRUST INC COM                     | SILA REALTY TRUST INC COM                     | CUSIP: 146280508<br>LEI: 549300HXH142HWKKSW59 | Long             | EC               | CORP              | US        |     25439 | NS      | $638518.90    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TEEKAY TANKERS LTD                            | TEEKAY TANKERS LTD                            | CUSIP: G8726X106<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     47425 | NS      | $2397333.75   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANSIX INC                                  | ADVANSIX INC                                  | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |      1953 | NS      | $37849.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCENTRA GRP. HLDGS. PAR                     | CONCENTRA GRP. HLDGS. PAR                     | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31229 | NS      | $653622.97    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM TECHS. INC                                | TTM TECHS. INC                                | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |     32935 | NS      | $1897056.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| GLACIER BANCORP INC                           | GLACIER BANCORP INC                           | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |     27946 | NS      | $1360131.82   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FLUOR CORP                                    | FLUOR CORP                                    | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     60695 | NS      | $2553438.65   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| HARLEY-DAVIDSON INC                           | HARLEY-DAVIDSON INC                           | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |     24793 | NS      | $691724.70    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHCARE SERVS. GRP. IN                     | HEALTHCARE SERVS. GRP. IN                     | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |     10914 | NS      | $183682.62    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ICU MEDICAL INC                               | ICU MEDICAL INC                               | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |     12912 | NS      | $1548923.52   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| INGLES MKTS. INC                              | INGLES MKTS. INC                              | CUSIP: 457030104<br>LEI: 549300XH5RYBMYP8TF26 | Long             | EC               | CORP              | US        |      8408 | NS      | $584860.48    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ITRON INC                                     | ITRON INC                                     | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |      8548 | NS      | $1064738.88   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BEL FUSE INC                                  | BEL FUSE INC                                  | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |      1552 | NS      | $218863.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KB HOME                                       | KB HOME                                       | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     95621 | NS      | $6085320.44   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| KENNAMETAL INC                                | KENNAMETAL INC                                | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |     28770 | NS      | $602156.10    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMDEN NATL. CORP                             | CAMDEN NATL. CORP                             | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |     15304 | NS      | $590581.36    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BANCORP/SOUTHERN PI                     | FIRST BANCORP/SOUTHERN PI                     | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24660 | NS      | $1304267.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I HOMES INC                                 | M/I HOMES INC                                 | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     26074 | NS      | $3766128.56   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST FINL. BANCORP                           | FIRST FINL. BANCORP                           | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |    104640 | NS      | $2642160.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| S&T BANCORP INC                               | S&T BANCORP INC                               | CUSIP: 783859101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16403 | NS      | $616588.77    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCURY GEN. CORP                             | MERCURY GEN. CORP                             | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |     10367 | NS      | $878914.26    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NBT BANCORP INC                               | NBT BANCORP INC                               | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105345 | NS      | $4399207.20   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM ENERGY                                   | TXNM ENERGY                                   | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |     67251 | NS      | $3803044.05   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MYERS INDS. INC                               | MYERS INDS. INC                               | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |     53369 | NS      | $904070.86    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MYRIAD GENETICS INC                           | MYRIAD GENETICS INC                           | CUSIP: 62855J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124802 | NS      | $902318.46    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY RESOURCES CORP                     | NEW JERSEY RESOURCES CORP                     | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |     75021 | NS      | $3612261.15   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNAPTICS INC                                 | SYNAPTICS INC                                 | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |     38513 | NS      | $2631978.42   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NPK INTERNATIONAL INC                         | NPK INTERNATIONAL INC                         | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |    203486 | NS      | $2301426.66   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| OWENS & MINOR INC                             | OWENS & MINOR INC                             | CUSIP: 690732102<br>LEI: 549300LMT5KQQXCEZ733 | Long             | EC               | CORP              | US        |      1055 | NS      | $5064.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ASBURY AUTOMOTIVE GRP. IN                     | ASBURY AUTOMOTIVE GRP. IN                     | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |      3042 | NS      | $743616.90    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMUNITY FINANCIAL                           | COMMUNITY FINANCIAL                           | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |     56895 | NS      | $3336322.80   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| GETTY REALTY CORP                             | GETTY REALTY CORP                             | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     49075 | NS      | $1316682.25   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HANCOCK WHITNEY CORP                          | HANCOCK WHITNEY CORP                          | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |     69396 | NS      | $4344883.56   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| PHOTRONICS INC                                | PHOTRONICS INC                                | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    216567 | NS      | $4970212.65   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| WORLD ACCEPTANCE CORP                         | WORLD ACCEPTANCE CORP                         | CUSIP: 981419104<br>LEI: 529900M7JQUDCH7Q9153 | Long             | EC               | CORP              | US        |     10662 | NS      | $1803370.68   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHRIM BANCORP INC                          | NORTHRIM BANCORP INC                          | CUSIP: 666762109<br>LEI: 5493006X7RLLTZ3SG075 | Long             | EC               | CORP              | US        |     33624 | NS      | $728295.84    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SCANSOURCE INC                                | SCANSOURCE INC                                | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |      3718 | NS      | $163554.82    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOE CARNIVAL INC                             | SHOE CARNIVAL INC                             | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80622 | NS      | $1676131.38   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWEST INC                                   | SKYWEST INC                                   | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |     15974 | NS      | $1607303.88   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST GAS HLDGS. INC                      | SOUTHWEST GAS HLDGS. INC                      | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |     16803 | NS      | $1316347.02   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SHORE BANCSHARES INC                          | SHORE BANCSHARES INC                          | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45677 | NS      | $749559.57    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD MOTOR PRODS. INC                     | STANDARD MOTOR PRODS. INC                     | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |     68213 | NS      | $2784454.66   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDEX INTL. CORP                            | STANDEX INTL. CORP                            | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |     19757 | NS      | $4186508.30   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAY MEDIA INC                                | GRAY MEDIA INC                                | CUSIP: 389375106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    234862 | NS      | $1357502.36   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| STEPAN CO                                     | STEPAN CO                                     | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |     10860 | NS      | $518022.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| STEWART INFO. SERVS. CORP                     | STEWART INFO. SERVS. CORP                     | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |     18778 | NS      | $1376802.96   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TANGER INC                                    | TANGER INC                                    | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     39915 | NS      | $1350723.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TEREX CORP                                    | TEREX CORP                                    | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |     28022 | NS      | $1437528.60   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA TECHS. INC                              | TETRA TECHS. INC                              | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |    159077 | NS      | $914692.75    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MARCUS CORP/THE                               | MARCUS CORP/THE                               | CUSIP: 566330106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42129 | NS      | $653420.79    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD SECOND BANCORP INC                        | OLD SECOND BANCORP INC                        | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |     21321 | NS      | $368533.49    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST FINANCIAL CORP                          | FIRST FINANCIAL CORP                          | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17426 | NS      | $983523.44    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMUNITY TST. BANCORP IN                     | COMMUNITY TST. BANCORP IN                     | CUSIP: 204149108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68789 | NS      | $3848744.55   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| DIODES INC                                    | DIODES INC                                    | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |     36690 | NS      | $1952274.90   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| HORIZON BANCORP INC/IN                        | HORIZON BANCORP INC/IN                        | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |     31127 | NS      | $498343.27    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| USANA HEALTH SCIENCES INC                     | USANA HEALTH SCIENCES INC                     | CUSIP: 90328M107<br>LEI: 549300YTURXE814MAH96 | Long             | EC               | CORP              | US        |     11411 | NS      | $314373.05    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIS LEASE FIN. CORP                        | WILLIS LEASE FIN. CORP                        | CUSIP: 970646105<br>LEI: 54930023EP1OE5MKWF89 | Long             | EC               | CORP              | US        |      3764 | NS      | $516006.76    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HECLA MINING CO                               | HECLA MINING CO                               | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |    451899 | NS      | $5467977.90   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITY INDS. INC                             | TRINITY INDS. INC                             | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |     23062 | NS      | $646658.48    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VEECO INSTRUMENTS INC                         | VEECO INSTRUMENTS INC                         | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |    121017 | NS      | $3682547.31   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTAMERICA BANCORP                           | WESTAMERICA BANCORP                           | CUSIP: 957090103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33223 | NS      | $1660817.77   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| MATSON INC                                    | MATSON INC                                    | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     34185 | NS      | $3370299.15   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| THERMON GRP. HLDGS. INC                       | THERMON GRP. HLDGS. INC                       | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |     21967 | NS      | $586958.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNCOKE ENERGY INC                            | SUNCOKE ENERGY INC                            | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |     73069 | NS      | $596243.04    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONAL MGT. CORP                            | REGIONAL MGT. CORP                            | CUSIP: 75902K106<br>LEI: 549300S5O87W87JW4146 | Long             | EC               | CORP              | US        |     19666 | NS      | $766187.36    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TRI POINTE HOMES INC                          | TRI POINTE HOMES INC                          | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61048 | NS      | $2073800.56   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BOISE CASCADE CO                              | BOISE CASCADE CO                              | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     13077 | NS      | $1011113.64   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BOX INC                                       | BOX INC                                       | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     17016 | NS      | $549106.32    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE HOSPITALITY REIT IN                     | APPLE HOSPITALITY REIT IN                     | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |    115197 | NS      | $1383515.97   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA INC                                     | TEGNA INC                                     | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    387390 | NS      | $7875638.70   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TELADOC HEALTH INC                            | TELADOC HEALTH INC                            | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |    139939 | NS      | $1081728.47   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| RED ROCK RESORTS INC                          | RED ROCK RESORTS INC                          | CUSIP: 75700L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19944 | NS      | $1217780.64   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| STAR BULK CARRIERS CORP                       | STAR BULK CARRIERS CORP                       | CUSIP: Y8162K204<br>LEI: 549300SO3FMK7H6DDY54 | Long             | EC               | CORP              | MH        |      7290 | NS      | $135521.10    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST HAWAIIAN INC                            | FIRST HAWAIIAN INC                            | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |      9026 | NS      | $224115.58    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NT BUTTERFIELD &                      | BANK OF NT BUTTERFIELD &                      | CUSIP: G0772R208<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |     44228 | NS      | $1898265.76   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH PROPERTIES                          | JBG SMITH PROPERTIES                          | CUSIP: 46590V100<br>LEI: 549300HHIW6GDQCPEC54 | Long             | EC               | CORP              | US        |     27476 | NS      | $611341.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCHANTS BANCORP/IN                          | MERCHANTS BANCORP/IN                          | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |     37671 | NS      | $1197937.80   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SENSATA TECHS. HLDG. PLC                      | SENSATA TECHS. HLDG. PLC                      | CUSIP: G8060N102<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | GB        |     85911 | NS      | $2624581.05   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TURTLE BEACH CORP                             | TURTLE BEACH CORP                             | CUSIP: 900450206<br>LEI: 549300SZRV8U8PXSYI20 | Long             | EC               | CORP              | US        |     43633 | NS      | $693764.70    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSENTIAL PROPS. REALTY T                     | ESSENTIAL PROPS. REALTY T                     | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    139388 | NS      | $4148186.88   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| AVANOS MEDICAL INC                            | AVANOS MEDICAL INC                            | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |     14150 | NS      | $163574.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MISTRAS GRP. INC                              | MISTRAS GRP. INC                              | CUSIP: 60649T107<br>LEI: 5493000CMNXVLND3FU73 | Long             | EC               | CORP              | US        |     57051 | NS      | $561381.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWEST BANCSHARES INC                      | NORTHWEST BANCSHARES INC                      | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105290 | NS      | $1304543.10   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TERRENO REALTY CORP                           | TERRENO REALTY CORP                           | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     65169 | NS      | $3698340.75   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIPADVISOR INC                               | TRIPADVISOR INC                               | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |     45013 | NS      | $731911.38    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PROTO LABS INC                                | PROTO LABS INC                                | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |     15348 | NS      | $767860.44    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SUPERNUS PHARMS. INC                          | SUPERNUS PHARMS. INC                          | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |     49112 | NS      | $2347062.48   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FARMERS NATL. BANC CORP                       | FARMERS NATL. BANC CORP                       | CUSIP: 309627107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46687 | NS      | $672759.67    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BANK/HAMILTON NJ                        | FIRST BANK/HAMILTON NJ                        | CUSIP: 31931U102<br>LEI: 549300YS4CB1171BRJ08 | Long             | EC               | CORP              | US        |     41073 | NS      | $669079.17    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDEN ENTERTAINMENT INC                      | GOLDEN ENTERTAINMENT INC                      | CUSIP: 381013101<br>LEI: 549300P8YYCKQVJ0Y638 | Long             | EC               | CORP              | US        |     20145 | NS      | $475019.10    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST MID BANCSHARES INC                      | FIRST MID BANCSHARES INC                      | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17668 | NS      | $669263.84    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CRISPR THERAPEUTICS AG                        | CRISPR THERAPEUTICS AG                        | CUSIP: H17182108<br>LEI: 506700O6IRRIQLT3W370 | Long             | EC               | CORP              | CH        |     17468 | NS      | $1132101.08   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| LCI INDUSTRIES                                | LCI INDUSTRIES                                | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |      7043 | NS      | $656055.45    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ACM RESEARCH INC                              | ACM RESEARCH INC                              | CUSIP: 00108J109<br>LEI: 549300MCTENUWL2GJL61 | Long             | EC               | CORP              | US        |     53149 | NS      | $2079720.37   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PAGSEGURO DIGITAL LTD                         | PAGSEGURO DIGITAL LTD                         | CUSIP: G68707101<br>LEI: 391200VY4YW47I4HGH62 | Long             | EC               | CORP              | KY        |    234069 | NS      | $2340690.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| 1ST SOURCE CORP                               | 1ST SOURCE CORP                               | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10229 | NS      | $629697.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN FERRY                                    | KORN FERRY                                    | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     45587 | NS      | $3190178.26   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| REX AMERICAN RES. CORP                        | REX AMERICAN RES. CORP                        | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40720 | NS      | $1246846.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST MERCHANTS CORP                          | FIRST MERCHANTS CORP                          | CUSIP: 320817109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32694 | NS      | $1232563.80   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CATHAY GEN. BANCORP                           | CATHAY GEN. BANCORP                           | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |     97645 | NS      | $4687936.45   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| BENCHMARK ELECTNCS. INC                       | BENCHMARK ELECTNCS. INC                       | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |      5273 | NS      | $203274.15    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NORDIC AMERICAN TANKERS L                     | NORDIC AMERICAN TANKERS L                     | CUSIP: G65773106<br>LEI: 213800W4T8AMPKIPIU94 | Long             | EC               | CORP              | BM        |     15282 | NS      | $47985.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC                        | GROUP 1 AUTOMOTIVE INC                        | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      1533 | NS      | $670702.83    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB FINL. CORP                                | UMB FINL. CORP                                | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     23894 | NS      | $2827854.90   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL HEALTHCARE CORP                      | NATIONAL HEALTHCARE CORP                      | CUSIP: 635906100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6114 | NS      | $742912.14    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BRUNSWICK CORP/DE                             | BRUNSWICK CORP/DE                             | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |     11903 | NS      | $752745.72    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GRANITE CONSTRUCTION INC                      | GRANITE CONSTRUCTION INC                      | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |      3099 | NS      | $339805.35    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HIGHWOODS PROPS. INC                          | HIGHWOODS PROPS. INC                          | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     15624 | NS      | $497155.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| OTTER TAIL CORP                               | OTTER TAIL CORP                               | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34838 | NS      | $2855670.86   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| WORLD KINECT CORP                             | WORLD KINECT CORP                             | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |     21726 | NS      | $563789.70    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| XENIA HOTELS & RESORTS IN                     | XENIA HOTELS & RESORTS IN                     | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |     47620 | NS      | $653346.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEGER HLDGS. CORP                           | INTEGER HLDGS. CORP                           | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |      6287 | NS      | $649635.71    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VAREX IMAGING CORP                            | VAREX IMAGING CORP                            | CUSIP: 92214X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53421 | NS      | $662420.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITY BANCORP INC                             | UNITY BANCORP INC                             | CUSIP: 913290102<br>LEI: 549300Q90ZRNUR65PL93 | Long             | EC               | CORP              | US        |     14512 | NS      | $709201.44    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GUARANTY BANCSHARES INC/T                     | GUARANTY BANCSHARES INC/T                     | CUSIP: 400764106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14943 | NS      | $728471.25    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR HLDGS. INC                                | QCR HLDGS. INC                                | CUSIP: 74727A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16688 | NS      | $1262280.32   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HUDSON TECHS. INC                             | HUDSON TECHS. INC                             | CUSIP: 444144109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100976 | NS      | $1002691.68   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III APPAREL GRP. LTD                        | G-III APPAREL GRP. LTD                        | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |      6757 | NS      | $179803.77    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TST. INC                         | ARBOR REALTY TST. INC                         | CUSIP: 038923108<br>LEI: 549300ASFUWYQO0RW077 | Long             | EC               | CORP              | US        |    194390 | NS      | $2373501.90   | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| GENWORTH FINL. INC                            | GENWORTH FINL. INC                            | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |    320756 | NS      | $2854728.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PURSUIT ATTRACTIONS                           | PURSUIT ATTRACTIONS                           | CUSIP: 92552R406<br>LEI: 549300PXU4ZW7LPO5Y40 | Long             | EC               | CORP              | US        |     17361 | NS      | $628120.98    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SANMINA CORP                                  | SANMINA CORP                                  | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     69197 | NS      | $7965266.67   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| POWER SOLS. INTL. INC                         | POWER SOLS. INTL. INC                         | CUSIP: 73933G202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9389 | NS      | $922187.58    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERSYS                                       | ENERSYS                                       | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |     42412 | NS      | $4790859.52   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| PATHWARD FINL INC COM                         | PATHWARD FINL INC COM                         | CUSIP: 59100U108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16860 | NS      | $1247808.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PRESTIGE CONSUMER HEALTHC                     | PRESTIGE CONSUMER HEALTHC                     | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52624 | NS      | $3283737.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL LOGISTICS HLDGS                     | UNIVERSAL LOGISTICS HLDGS                     | CUSIP: 91388P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5754 | NS      | $134873.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| RUSH ENTS. INC                                | RUSH ENTS. INC                                | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     54262 | NS      | $2901389.14   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMONDROCK HOSPITALITY C                     | DIAMONDROCK HOSPITALITY C                     | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |    260809 | NS      | $2076039.64   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE LIBERTY PROPS. INC                        | ONE LIBERTY PROPS. INC                        | CUSIP: 682406103<br>LEI: 549300QII1CQZGZBZR14 | Long             | EC               | CORP              | US        |     73143 | NS      | $1617923.16   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIENT INC                                   | ALLIENT INC                                   | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |     27925 | NS      | $1249643.75   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SIERRA BANCORP                                | SIERRA BANCORP                                | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57712 | NS      | $1668453.92   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITIL CORP                                   | UNITIL CORP                                   | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32739 | NS      | $1566888.54   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERIS BANCORP                                | AMERIS BANCORP                                | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     43836 | NS      | $3213617.16   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PDL BIOPHARMA INC                             | PDL BIOPHARMA INC                             | CUSIP: 69329Y104<br>LEI: FE4K0NQFI4D86DSOL165 | Long             | EC               | CORP              | US        |   1029654 | NS      | $432454.68    | 0.06%             |  |  |  | No            |                  3 | On Loan: No      |
| INNOSPEC INC                                  | INNOSPEC INC                                  | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |     26172 | NS      | $2019431.52   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| POTLATCHDELTIC CORP                           | POTLATCHDELTIC CORP                           | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |     15196 | NS      | $619237.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE FINL. SERVS. C                     | ENTERPRISE FINL. SERVS. C                     | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |     23309 | NS      | $1351455.82   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CRACKER BARREL OLD COUNTR                     | CRACKER BARREL OLD COUNTR                     | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |     14931 | NS      | $657859.86    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| COEUR MINING INC                              | COEUR MINING INC                              | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    262198 | NS      | $4918834.48   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO FINL. GRP. INC                            | CNO FINL. GRP. INC                            | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |    196186 | NS      | $7759156.30   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VISHAY PRECISION GRP. INC                     | VISHAY PRECISION GRP. INC                     | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22515 | NS      | $721605.75    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ LODGING TRUST                             | RLJ LODGING TRUST                             | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95299 | NS      | $686152.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| BANNER CORP                                   | BANNER CORP                                   | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30942 | NS      | $2026701.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH CORP                                      | PVH CORP                                      | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     20806 | NS      | $1742918.62   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PREFERRED BANK/LOS ANGELE                     | PREFERRED BANK/LOS ANGELE                     | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |     17861 | NS      | $1614455.79   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CUSTOMERS BANCORP INC                         | CUSTOMERS BANCORP INC                         | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     42856 | NS      | $2801496.72   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMADA HOFFLER PROPS. INC                     | ARMADA HOFFLER PROPS. INC                     | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |     82442 | NS      | $577918.42    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRE INC                                     | SPIRE INC                                     | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     57783 | NS      | $4710470.16   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TIDEWATER INC                                 | TIDEWATER INC                                 | CUSIP: 88642R109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20579 | NS      | $1097478.07   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| METROPOLITAN BANK HLDG. C                     | METROPOLITAN BANK HLDG. C                     | CUSIP: 591774104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11266 | NS      | $842922.12    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY ENERGY INC                            | LIBERTY ENERGY INC                            | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48499 | NS      | $598477.66    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AMNEAL PHARMS. INC                            | AMNEAL PHARMS. INC                            | CUSIP: 03168L105<br>LEI: 549300VV176ZO5WQHZ61 | Long             | EC               | CORP              | US        |    109665 | NS      | $1097746.65   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BUSINESS FIRST BANCSHARES                     | BUSINESS FIRST BANCSHARES                     | CUSIP: 12326C105<br>LEI: 549300ILTC50KHDX4A08 | Long             | EC               | CORP              | US        |     25333 | NS      | $598112.13    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ONESPAN INC                                   | ONESPAN INC                                   | CUSIP: 68287N100<br>LEI: 549300D67QDZG593UX89 | Long             | EC               | CORP              | US        |     43100 | NS      | $684859.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HELIX ENERGY SOLS. GRP. I                     | HELIX ENERGY SOLS. GRP. I                     | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |     75664 | NS      | $496355.84    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| KOPPERS HLDGS. INC                            | KOPPERS HLDGS. INC                            | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21943 | NS      | $614404.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLDAN GRP. INC                              | WILLDAN GRP. INC                              | CUSIP: 96924N100<br>LEI: 529900YQO0LF5VAEKN05 | Long             | EC               | CORP              | US        |     14129 | NS      | $1366133.01   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FS BANCORP INC                                | FS BANCORP INC                                | CUSIP: 30263Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15918 | NS      | $635446.56    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CRYOPORT INC                                  | CRYOPORT INC                                  | CUSIP: 229050307<br>LEI: 9845004D8538BT8JF626 | Long             | EC               | CORP              | US        |     64338 | NS      | $609924.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NICOLET BANKSHARES INC                        | NICOLET BANKSHARES INC                        | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5554 | NS      | $747013.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ATKORE INC                                    | ATKORE INC                                    | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |     43565 | NS      | $2733268.10   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| CORECIVIC INC                                 | CORECIVIC INC                                 | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |     27898 | NS      | $567724.30    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CARS.COM INC                                  | CARS.COM INC                                  | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |    110224 | NS      | $1346937.28   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PLYMOUTH INDL. REIT INC                       | PLYMOUTH INDL. REIT INC                       | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     59376 | NS      | $1325866.08   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SURGERY PARTNERS INC                          | SURGERY PARTNERS INC                          | CUSIP: 86881A100<br>LEI: 549300LC82HG33S19I03 | Long             | EC               | CORP              | US        |     35475 | NS      | $767679.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC TECH. CO                                  | DXC TECH. CO                                  | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |     41056 | NS      | $559593.28    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVATIVE INDL. PROPS. I                     | INNOVATIVE INDL. PROPS. I                     | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |      7095 | NS      | $380150.10    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINL. INC                         | BRIGHTHOUSE FINL. INC                         | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               | CORP              | US        |     10376 | NS      | $550758.08    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL VISION HLDGS. IN                     | NATIONAL VISION HLDGS. IN                     | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |     25520 | NS      | $744928.80    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX RES. CORP                                 | CNX RES. CORP                                 | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |    152777 | NS      | $4907197.24   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| GREEN BRICK PARTNERS INC                      | GREEN BRICK PARTNERS INC                      | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |     19875 | NS      | $1467967.50   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| EVOLENT HEALTH INC                            | EVOLENT HEALTH INC                            | CUSIP: 30050B101<br>LEI: 549300CZOCFHQ2BBTR11 | Long             | EC               | CORP              | US        |     56598 | NS      | $478819.08    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY BANCSHARES INC                         | EQUITY BANCSHARES INC                         | CUSIP: 29460X109<br>LEI: 549300BPQ2EJNU4WF694 | Long             | EC               | CORP              | US        |     15514 | NS      | $631419.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AXCELIS TECHS. INC                            | AXCELIS TECHS. INC                            | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     54039 | NS      | $5276367.96   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| RIBBON COMMS. INC                             | RIBBON COMMS. INC                             | CUSIP: 762544104<br>LEI: 549300L1E8Z8RL7CUL52 | Long             | EC               | CORP              | US        |    162077 | NS      | $615892.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTSTAR LOTTERY PLC                        | BRIGHTSTAR LOTTERY PLC                        | CUSIP: G4863A108<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | EC               | CORP              | GB        |    108693 | NS      | $1874954.25   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| LIVANOVA PLC                                  | LIVANOVA PLC                                  | CUSIP: G5509L101<br>LEI: 2138001K2FX6SHK2B339 | Long             | EC               | CORP              | GB        |     15222 | NS      | $797328.36    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FB FINL. CORP                                 | FB FINL. CORP                                 | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |     13264 | NS      | $739335.36    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN INC                                      | ASGN INC                                      | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     24418 | NS      | $1156192.30   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 VERTICALS INC                              | I3 VERTICALS INC                              | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |     36363 | NS      | $1180342.98   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TABOOLA.COM LTD                               | TABOOLA.COM LTD                               | CUSIP: M8744T106<br>LEI: 984500F5945AFAFFCB30 | Long             | EC               | CORP              | IL        |    165856 | NS      | $565568.96    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VICTORIA S SECRET & CO                        | VICTORIA S SECRET & CO                        | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |     38367 | NS      | $1041280.38   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPRO GRP. HLDGS. NV                          | EXPRO GRP. HLDGS. NV                          | CUSIP: N3144W105<br>LEI: 724500LJYA8QIT73H017 | Long             | EC               | CORP              | NL        |    196517 | NS      | $2334621.96   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS EDISON INC                           | PHILLIPS EDISON INC                           | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |     60782 | NS      | $2086646.06   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PORTILLO S INC                                | PORTILLO S INC                                | CUSIP: 73642K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50310 | NS      | $324499.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| N-ABLE INC                                    | N-ABLE INC                                    | CUSIP: 62878D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    155918 | NS      | $1216160.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| STAGWELL INC                                  | STAGWELL INC                                  | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |    121141 | NS      | $682023.83    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRUS ENERGY CORP                           | CENTRUS ENERGY CORP                           | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |      5521 | NS      | $1711896.47   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| CIVITAS RES. INC                              | CIVITAS RES. INC                              | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |     34184 | NS      | $1110980.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| JAKKS PACIFIC INC                             | JAKKS PACIFIC INC                             | CUSIP: 47012E403<br>LEI: 549300UEF3348JRXQ295 | Long             | EC               | CORP              | US        |     26709 | NS      | $500259.57    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOVYST INC                                   | ECOVYST INC                                   | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17293 | NS      | $151486.68    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE BANK                                  | CADENCE BANK                                  | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |    147558 | NS      | $5539327.32   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ENACT HLDGS. INC                              | ENACT HLDGS. INC                              | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |      6343 | NS      | $243190.62    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEGRAL AD SCIENCE HLDG.                     | INTEGRAL AD SCIENCE HLDG.                     | CUSIP: 45828L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78475 | NS      | $798090.75    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DEFINITIVE HEALTHCARE COR                     | DEFINITIVE HEALTHCARE COR                     | CUSIP: 24477E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46926 | NS      | $190519.56    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LIFE TIME GRP. HLDGS. INC                     | LIFE TIME GRP. HLDGS. INC                     | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23022 | NS      | $635407.20    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| RILEY EXPLORATION PERMIAN                     | RILEY EXPLORATION PERMIAN                     | CUSIP: 76665T102<br>LEI: 5493008CUBI02XP43Q95 | Long             | EC               | CORP              | US        |     38533 | NS      | $1044629.63   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| RESERVOIR MEDIA INC                           | RESERVOIR MEDIA INC                           | CUSIP: 76119X105<br>LEI: 549300PHPDQ9M9QSNU18 | Long             | EC               | CORP              | US        |      9592 | NS      | $78078.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IMMATICS NV                                   | IMMATICS NV                                   | CUSIP: N44445109<br>LEI: 984500DC691EZ96AF394 | Long             | EC               | CORP              | NL        |    148569 | NS      | $1265807.88   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| USCB FINL. HLDGS. INC                         | USCB FINL. HLDGS. INC                         | CUSIP: 90355N101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33599 | NS      | $586302.55    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERBRAND INC                               | MASTERBRAND INC                               | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |     46383 | NS      | $610864.11    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTRACKER INC                                | NEXTRACKER INC                                | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32386 | NS      | $2396240.14   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SINCLAIR INC                                  | SINCLAIR INC                                  | CUSIP: 829242106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38706 | NS      | $584460.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| PHINIA INC                                    | PHINIA INC                                    | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |     14374 | NS      | $826217.52    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| DIEBOLD NIXDORF INC                           | DIEBOLD NIXDORF INC                           | CUSIP: 253651202<br>LEI: 549300XZK6EWDBAZSY16 | Long             | EC               | CORP              | US        |     43277 | NS      | $2468087.31   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| DLB OIL & GAS INC                             | DLB OIL & GAS INC                             | CUSIP: 23322J994<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2100 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ARIS WATER SOLUTIONS INC                      | ARIS WATER SOLUTIONS INC                      | CUSIP: 04041L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23030 | NS      | $567919.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWARD HUGHES HLDGS. INC                      | HOWARD HUGHES HLDGS. INC                      | CUSIP: 44267T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8082 | NS      | $664097.94    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTRA CHINOOK THERAPE                        | CONTRA CHINOOK THERAPE                        | CUSIP: 169CVR016<br>LEI: 549300X0O3003W5QYQ48 | Long             | EC               | CORP              | US        |     89437 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ATLAS ENERGY SOLS. INC                        | ATLAS ENERGY SOLS. INC                        | CUSIP: 642045108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36084 | NS      | $410275.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| INVENTRUST PROPS. CORP                        | INVENTRUST PROPS. CORP                        | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |     20963 | NS      | $599961.06    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| QUIDELORTHO CORP                              | QUIDELORTHO CORP                              | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |     20828 | NS      | $613384.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNIAB INC EARNOUT $15.00                     | OMNIAB INC EARNOUT $15.00                     | CUSIP: 68218J301<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6939 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| HIGHPEAK ENERGY INC                           | HIGHPEAK ENERGY INC                           | CUSIP: 43114Q105<br>LEI: 549300J4RNCV140DUY76 | Long             | EC               | CORP              | US        |    125755 | NS      | $889087.85    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| AMYLYX PHARMS. INC                            | AMYLYX PHARMS. INC                            | CUSIP: 03237H101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    162539 | NS      | $2208905.01   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SL GREEN RLTY CORP COM PA                     | SL GREEN RLTY CORP COM PA                     | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |     32961 | NS      | $1971397.41   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GIGACLOUD TECH. INC                           | GIGACLOUD TECH. INC                           | CUSIP: G38644103<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     91163 | NS      | $2589029.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| OMNIAB INC EARNOUT $12.50                     | OMNIAB INC EARNOUT $12.50                     | CUSIP: 68218J202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6939 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| F&G ANNUITIES & LIFE INC                      | F&G ANNUITIES & LIFE INC                      | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33994 | NS      | $1062992.38   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHEAST COMMUNITY BANCO                     | NORTHEAST COMMUNITY BANCO                     | CUSIP: 664121100<br>LEI: 5493007BRYL8596Q9L26 | Long             | EC               | CORP              | US        |     26110 | NS      | $537082.70    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIMVIE INC                                    | ZIMVIE INC                                    | CUSIP: 98888T107<br>LEI: 549300GFKURT1J6XR665 | Long             | EC               | CORP              | US        |     36402 | NS      | $689453.88    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NOBLE CORP PLC                                | NOBLE CORP PLC                                | CUSIP: G65431127<br>LEI: 549300I3HBUNXO0OG954 | Long             | EC               | CORP              | GB        |     57294 | NS      | $1620274.32   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| REZOLUTE INC COM NEW                          | REZOLUTE INC COM NEW                          | CUSIP: 76200L309<br>LEI: 549300T05L48T72P2G08 | Long             | EC               | CORP              | US        |     80066 | NS      | $752620.40    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTUM-SI INC                                | QUANTUM-SI INC                                | CUSIP: 74765K105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    936175 | NS      | $1320006.75   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| EMBECTA CORP                                  | EMBECTA CORP                                  | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |      8510 | NS      | $120076.10    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LIGAND PHARMS. INC                            | LIGAND PHARMS. INC                            | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |     14069 | NS      | $2492182.66   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| PACIRA BIOSCIENCES INC                        | PACIRA BIOSCIENCES INC                        | CUSIP: 695127100<br>LEI: 549300P56LERYBDHCF69 | Long             | EC               | CORP              | US        |     46648 | NS      | $1202118.96   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PUMA BIOTECH. INC                             | PUMA BIOTECH. INC                             | CUSIP: 74587V107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     87868 | NS      | $466579.08    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN EAGLE OUTFITTERS                     | AMERICAN EAGLE OUTFITTERS                     | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |     81804 | NS      | $1399666.44   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ASTEC INDS. INC                               | ASTEC INDS. INC                               | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |     15012 | NS      | $722527.56    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SONIC AUTOMOTIVE INC                          | SONIC AUTOMOTIVE INC                          | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |     58762 | NS      | $4471200.58   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| STEELCASE INC                                 | STEELCASE INC                                 | CUSIP: 858155203<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | EC               | CORP              | US        |     13870 | NS      | $238564.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB FINL. CORP                                | CVB FINL. CORP                                | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    103560 | NS      | $1958319.60   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMERCIAL METALS CO                          | COMMERCIAL METALS CO                          | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |    141089 | NS      | $8081577.92   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU RES. GRP. INC                             | MDU RES. GRP. INC                             | CUSIP: 552690109<br>LEI: 549300MA0UV6AI6SNV27 | Long             | EC               | CORP              | US        |     33979 | NS      | $605165.99    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ARTIVION INC                                  | ARTIVION INC                                  | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |     15857 | NS      | $671385.38    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEGRA LIFESCIENCES HLDG                     | INTEGRA LIFESCIENCES HLDG                     | CUSIP: 457985208<br>LEI: WB7IJCYY8YFTENS4O147 | Long             | EC               | CORP              | US        |     78902 | NS      | $1130665.66   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| DELUXE CORP                                   | DELUXE CORP                                   | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |     37559 | NS      | $727142.24    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGI INTL. INC                                | DIGI INTL. INC                                | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     68350 | NS      | $2492041.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK HILLS CORP                              | BLACK HILLS CORP                              | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     62207 | NS      | $3831329.13   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| PC CONNECTION INC                             | PC CONNECTION INC                             | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |     78775 | NS      | $4883262.25   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BEACON FINANCIAL CORP                         | BEACON FINANCIAL CORP                         | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |     24509 | NS      | $581108.39    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN AXLE & MFG. HLDG                     | AMERICAN AXLE & MFG. HLDG                     | CUSIP: 024061103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    522120 | NS      | $3137941.20   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUSTMARK CORP                                | TRUSTMARK CORP                                | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |     32304 | NS      | $1279238.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HB FULLER CO                                  | HB FULLER CO                                  | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |     20281 | NS      | $1202257.68   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX CORP                                     | GATX CORP                                     | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |     35103 | NS      | $6136004.40   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| GOODYEAR TIRE & RUBBER CO                     | GOODYEAR TIRE & RUBBER CO                     | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |     57013 | NS      | $426457.24    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| LA-Z-BOY INC                                  | LA-Z-BOY INC                                  | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |      6323 | NS      | $217005.36    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HARMONIC INC                                  | HARMONIC INC                                  | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |     65744 | NS      | $669273.92    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MERITAGE HOMES CORP                           | MERITAGE HOMES CORP                           | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     38972 | NS      | $2822741.96   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP INDL. TRUST                               | LXP INDL. TRUST                               | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |    129808 | NS      | $1163079.68   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CWLTH. FINL. CORP                       | FIRST CWLTH. FINL. CORP                       | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |     72757 | NS      | $1240506.85   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL HEALTH INVSTRS.                      | NATIONAL HEALTH INVSTRS.                      | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |     54204 | NS      | $4309218.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| URBAN OUTFITTERS INC                          | URBAN OUTFITTERS INC                          | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     13714 | NS      | $979591.02    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WORTHINGTON INDS. INC                         | WORTHINGTON INDS. INC                         | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |     10912 | NS      | $605506.88    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SELECT MEDICAL HLDGS. COR                     | SELECT MEDICAL HLDGS. COR                     | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    116156 | NS      | $1491443.04   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENERGY CO                                  | SM ENERGY CO                                  | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     62123 | NS      | $1551211.31   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIFF DAVIS INC                                | ZIFF DAVIS INC                                | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |     33445 | NS      | $1274254.50   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TAYLOR MORRISON HOME CORP                     | TAYLOR MORRISON HOME CORP                     | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |    147761 | NS      | $9753703.61   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CROSS COUNTRY HEALTHCARE                      | CROSS COUNTRY HEALTHCARE                      | CUSIP: 227483104<br>LEI: 54930037L0NBIPZ5S663 | Long             | EC               | CORP              | US        |     29836 | NS      | $423671.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BAR HARBOR BANKSHARES                         | BAR HARBOR BANKSHARES                         | CUSIP: 066849100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20626 | NS      | $628267.96    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADIA REALTY TRUST                           | ACADIA REALTY TRUST                           | CUSIP: 004239109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30695 | NS      | $618504.25    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NETGEAR INC                                   | NETGEAR INC                                   | CUSIP: 64111Q104<br>LEI: 54930067KX3UNRHDWA78 | Long             | EC               | CORP              | US        |     26672 | NS      | $863906.08    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS CAP. BANCSHARES INC                     | TEXAS CAP. BANCSHARES INC                     | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     27977 | NS      | $2364895.81   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ANDERSONS INC/THE                             | ANDERSONS INC/THE                             | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |    133858 | NS      | $5328886.98   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| EPLUS INC                                     | EPLUS INC                                     | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |      8701 | NS      | $617858.01    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADSTONE NET LEASE INC                      | BROADSTONE NET LEASE INC                      | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |     98045 | NS      | $1752064.15   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AVEANNA HEALTHCARE HLDGS.                     | AVEANNA HEALTHCARE HLDGS.                     | CUSIP: 05356F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77588 | NS      | $688205.56    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VALARIS LTD                                   | VALARIS LTD                                   | CUSIP: G9460G101<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     65291 | NS      | $3184242.07   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW INC                                      | DNOW INC                                      | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     42266 | NS      | $644556.50    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VIMEO INC                                     | VIMEO INC                                     | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |    116668 | NS      | $904177.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLANTICUS HLDGS. CORP                        | ATLANTICUS HLDGS. CORP                        | CUSIP: 04914Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12146 | NS      | $711512.68    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LADDER CAP. CORP                              | LADDER CAP. CORP                              | CUSIP: 505743104<br>LEI: 549300Q6LLV2QCV67C06 | Long             | EC               | CORP              | US        |    115660 | NS      | $1261850.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| LANDS END INC                                 | LANDS END INC                                 | CUSIP: 51509F105<br>LEI: 54930016WOL7P2P67Q43 | Long             | EC               | CORP              | US        |     23260 | NS      | $327966.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| NAVIENT CORP                                  | NAVIENT CORP                                  | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |    137479 | NS      | $1807848.85   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| THERAVANCE BIOPHARMA INC                      | THERAVANCE BIOPHARMA INC                      | CUSIP: G8807B106<br>LEI: 5493007VTSXP4Z6MIW52 | Long             | EC               | CORP              | KY        |      9883 | NS      | $144291.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| VILLAGE FARMS INTL. INC                       | VILLAGE FARMS INTL. INC                       | CUSIP: 92707Y108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    409322 | NS      | $1281177.86   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| LIVERAMP HLDGS. INC                           | LIVERAMP HLDGS. INC                           | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     22949 | NS      | $622835.86    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GRID DYNAMICS HLDGS. INC                      | GRID DYNAMICS HLDGS. INC                      | CUSIP: 39813G109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11308 | NS      | $87184.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CERTARA INC                                   | CERTARA INC                                   | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58334 | NS      | $712841.48    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| POTBELLY CORP                                 | POTBELLY CORP                                 | CUSIP: 73754Y100<br>LEI: 54930027NUULUR2P5W11 | Long             | EC               | CORP              | US        |     50678 | NS      | $863553.12    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAHAM HLDGS. CO                              | GRAHAM HLDGS. CO                              | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |       603 | NS      | $709917.93    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| RCI HOSPITALITY HLDGS. IN                     | RCI HOSPITALITY HLDGS. IN                     | CUSIP: 74934Q108<br>LEI: 529900COXP1MLE1UKG69 | Long             | EC               | CORP              | US        |     13831 | NS      | $421983.81    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| SCORPIO TANKERS INC                           | SCORPIO TANKERS INC                           | CUSIP: Y7542C130<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MH        |     42869 | NS      | $2402807.45   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HELIOS TECHS. INC                             | HELIOS TECHS. INC                             | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |     20588 | NS      | $1073252.44   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CASTLE BIOSCIENCES INC                        | CASTLE BIOSCIENCES INC                        | CUSIP: 14843C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8234 | NS      | $187488.18    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SFL CORP LTD                                  | SFL CORP LTD                                  | CUSIP: G7738W106<br>LEI: 549300RLYYPSB0C7RH77 | Long             | EC               | CORP              | BM        |     67571 | NS      | $508809.63    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLIUM SE                                | CONSTELLIUM SE                                | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |     42709 | NS      | $635509.92    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ACADEMY SPORTS & OUTDOORS                     | ACADEMY SPORTS & OUTDOORS                     | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14554 | NS      | $727991.08    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA RES. CORP                          | CALIFORNIA RES. CORP                          | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |     75367 | NS      | $4008017.06   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COUNTRY AIRLINES HLDG                     | SUN COUNTRY AIRLINES HLDG                     | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |    138449 | NS      | $1635082.69   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MISTER CAR WASH INC                           | MISTER CAR WASH INC                           | CUSIP: 60646V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76475 | NS      | $407611.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCANTILE BANK CORP                          | MERCANTILE BANK CORP                          | CUSIP: 587376104<br>LEI: P16VZZCKTJ5IONL6XE37 | Long             | EC               | CORP              | US        |     14258 | NS      | $641610.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DAILY JOURNAL CORP                            | DAILY JOURNAL CORP                            | CUSIP: 233912104<br>LEI: 2549004ASTNVLR8YWZ33 | Long             | EC               | CORP              | US        |      1500 | NS      | $697710.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DHT HLDGS. INC                                | DHT HLDGS. INC                                | CUSIP: Y2065G121<br>LEI: 549300SMD6IVZYT74K40 | Long             | EC               | CORP              | MH        |    350591 | NS      | $4189562.45   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ACNB CORP                                     | ACNB CORP                                     | CUSIP: 000868109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14838 | NS      | $653465.52    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HERITAGE INS. HLDGS. INC                      | HERITAGE INS. HLDGS. INC                      | CUSIP: 42727J102<br>LEI: 9845008CCYDD87F66B45 | Long             | EC               | CORP              | US        |     36524 | NS      | $919674.32    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FARMLAND PARTNERS INC                         | FARMLAND PARTNERS INC                         | CUSIP: 31154R109<br>LEI: 549300LB188CHPZ4IL37 | Long             | EC               | CORP              | US        |     28572 | NS      | $310863.36    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| CUSHMAN & WAKEFIELD PLC                       | CUSHMAN & WAKEFIELD PLC                       | CUSIP: G2717B108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    252400 | NS      | $4018208.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGIC EDUCATION INC                       | STRATEGIC EDUCATION INC                       | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |      6936 | NS      | $596565.36    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCOSA INC                                    | ARCOSA INC                                    | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     58093 | NS      | $5443895.03   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| DYNEX CAP. INC                                | DYNEX CAP. INC                                | CUSIP: 26817Q886<br>LEI: 5CIJ4S9HAEBWILA19B65 | Long             | EC               | CORP              | US        |    109998 | NS      | $1351875.42   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| GANNETT CO INC                                | GANNETT CO INC                                | CUSIP: 36472T109<br>LEI: 549300JQ2PU0RI3ZBA32 | Long             | EC               | CORP              | US        |    158530 | NS      | $654728.90    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRIT MTA REIT                               | SPIRIT MTA REIT                               | CUSIP: 848ESC018<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17083 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CARDIFF ONCOLOGY INC                          | CARDIFF ONCOLOGY INC                          | CUSIP: 14147L108<br>LEI: 549300AHOLZBHHYFWP04 | Long             | EC               | CORP              | US        |     76772 | NS      | $158150.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| CORSAIR GAMING INC                            | CORSAIR GAMING INC                            | CUSIP: 22041X102<br>LEI: 549300Y7YT18L8G0H525 | Long             | EC               | CORP              | US        |     90679 | NS      | $808856.68    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCENTRIX CORP                               | CONCENTRIX CORP                               | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     11641 | NS      | $537232.15    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BURFORD CAP. LTD                              | BURFORD CAP. LTD                              | CUSIP: G17977110<br>LEI: 549300FUKUWFYJMT2277 | Long             | EC               | CORP              | GG        |     52929 | NS      | $633030.84    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| COLONY BANKCORP INC CDT-C                     | COLONY BANKCORP INC CDT-C                     | CUSIP: 19623P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37857 | NS      | $643947.57    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| VERACYTE INC                                  | VERACYTE INC                                  | CUSIP: 92337F107<br>LEI: 529900ESWZRHXOW27Z37 | Long             | EC               | CORP              | US        |     43687 | NS      | $1499774.71   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KITE REALTY GRP. TRUST                        | KITE REALTY GRP. TRUST                        | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29517 | NS      | $658229.10    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWEST NATURAL HLDG. C                     | NORTHWEST NATURAL HLDG. C                     | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     35209 | NS      | $1581940.37   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ELLINGTON FINL INC COM                        | ELLINGTON FINL INC COM                        | CUSIP: 28852N109<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EC               | CORP              | US        |     99949 | NS      | $1297338.02   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HBT FINL. INC                                 | HBT FINL. INC                                 | CUSIP: 404111106<br>LEI: 549300NTXD4Q6UK5BY66 | Long             | EC               | CORP              | US        |     26987 | NS      | $680072.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ADAPTHEALTH CORP                              | ADAPTHEALTH CORP                              | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    147299 | NS      | $1318326.05   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PERDOCEO EDUCATION CORP                       | PERDOCEO EDUCATION CORP                       | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |      9709 | NS      | $365640.94    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN OIL AND GAS INC                      | NORTHERN OIL AND GAS INC                      | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     52105 | NS      | $1292204.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| ARTESIAN RES. CORP                            | ARTESIAN RES. CORP                            | CUSIP: 043113208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17143 | NS      | $558776.09    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PORTLAND GEN. ELEC. CO                        | PORTLAND GEN. ELEC. CO                        | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     90357 | NS      | $3975708.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN MISSOURI BANCORP                     | SOUTHERN MISSOURI BANCORP                     | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11887 | NS      | $624780.72    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ROCKY BRANDS INC                              | ROCKY BRANDS INC                              | CUSIP: 774515100<br>LEI: 5299004HQ6GCTW838N96 | Long             | EC               | CORP              | US        |     10075 | NS      | $300134.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| KAISER ALUMINUM CORP                          | KAISER ALUMINUM CORP                          | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2349 | NS      | $181248.84    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HERCULES CAP. INC                             | HERCULES CAP. INC                             | CUSIP: 427096508<br>LEI: N/A                  | Long             | EC               | RF                | US        |     68102 | NS      | $1287808.82   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DOUGLAS EMMETT INC                            | DOUGLAS EMMETT INC                            | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53389 | NS      | $831266.73    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SALLY BEAUTY HLDGS. INC                       | SALLY BEAUTY HLDGS. INC                       | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |     15501 | NS      | $252356.28    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SAFE BULKERS INC                              | SAFE BULKERS INC                              | CUSIP: Y7388L103<br>LEI: 549300V6ZM2HJJYQQO85 | Long             | EC               | CORP              | MH        |     78834 | NS      | $350022.96    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VIRTUS INV. PARTNERS INC                      | VIRTUS INV. PARTNERS INC                      | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |      3336 | NS      | $633940.08    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE INC                                  | OPENLANE INC                                  | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |     26203 | NS      | $754122.34    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ADECOAGRO SA                                  | ADECOAGRO SA                                  | CUSIP: L00849106<br>LEI: 529900Q00UR5LFELO811 | Long             | EC               | CORP              | LU        |     13018 | NS      | $102061.12    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| ADDUS HOMECARE CORP                           | ADDUS HOMECARE CORP                           | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |      2365 | NS      | $279046.35    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG BANCORP                                   | OFG BANCORP                                   | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |     61846 | NS      | $2689682.54   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSENT GRP. LTD                               | ESSENT GRP. LTD                               | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |     55265 | NS      | $3512643.40   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| STOCK YARDS BANCORP INC                       | STOCK YARDS BANCORP INC                       | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |      9893 | NS      | $692411.07    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| URBAN EDGE PROPERTIES                         | URBAN EDGE PROPERTIES                         | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     99341 | NS      | $2033510.27   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| METROCITY BANKSHARES INC                      | METROCITY BANKSHARES INC                      | CUSIP: 59165J105<br>LEI: 549300TC6QB7YG0P6F52 | Long             | EC               | CORP              | US        |     22156 | NS      | $613499.64    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ORGANOGENESIS HLDGS. INC                      | ORGANOGENESIS HLDGS. INC                      | CUSIP: 68621F102<br>LEI: 549300RLC2O821TU6941 | Long             | EC               | CORP              | US        |     97267 | NS      | $410466.74    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HOVNANIAN ENTS. INC                           | HOVNANIAN ENTS. INC                           | CUSIP: 442487401<br>LEI: 549300805N4EF0ROBT53 | Long             | EC               | CORP              | US        |      8884 | NS      | $1141505.16   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FULCRUM THERAPEUTICS INC                      | FULCRUM THERAPEUTICS INC                      | CUSIP: 359616109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160977 | NS      | $1480988.40   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CUREVAC NV                                    | CUREVAC NV                                    | CUSIP: N2451R105<br>LEI: 724500BUT8GAG9LMYN56 | Long             | EC               | CORP              | NL        |    200883 | NS      | $1082759.37   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOALS TECHS. GRP. INC                        | SHOALS TECHS. GRP. INC                        | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    276316 | NS      | $2047501.56   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERGENT BIOSOLUTIONS INC                     | EMERGENT BIOSOLUTIONS INC                     | CUSIP: 29089Q105<br>LEI: 549300YW6TUOX8BE5103 | Long             | EC               | CORP              | US        |    130517 | NS      | $1151159.94   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GREAT LAKES DREDGE & DOCK                     | GREAT LAKES DREDGE & DOCK                     | CUSIP: 390607109<br>LEI: 549300H65E3MZ1CX0P05 | Long             | EC               | CORP              | US        |     66571 | NS      | $798186.29    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EMPLOYERS HLDGS. INC                          | EMPLOYERS HLDGS. INC                          | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    123681 | NS      | $5253968.88   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BUSINESS FINL. SERV                     | FIRST BUSINESS FINL. SERV                     | CUSIP: 319390100<br>LEI: 549300BXKLW2T50TKU95 | Long             | EC               | CORP              | US        |     14678 | NS      | $752394.28    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HERITAGE FINANCIAL CORP/W                     | HERITAGE FINANCIAL CORP/W                     | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34192 | NS      | $827104.48    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MITEK SYS. INC                                | MITEK SYS. INC                                | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |     72861 | NS      | $711851.97    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHSTREAM INC                              | HEALTHSTREAM INC                              | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |      4474 | NS      | $126345.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CNB FINL. CORP/PA                             | CNB FINL. CORP/PA                             | CUSIP: 126128107<br>LEI: 254900RUYUOKD91VNX69 | Long             | EC               | CORP              | US        |     16281 | NS      | $394000.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IDT CORP                                      | IDT CORP                                      | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |      5208 | NS      | $272430.48    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ASSETS TST. INC                      | AMERICAN ASSETS TST. INC                      | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78898 | NS      | $1603207.36   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| INDEPENDENT BANK CORP/MI                      | INDEPENDENT BANK CORP/MI                      | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19940 | NS      | $617641.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRAL PACIFIC FINL. COR                     | CENTRAL PACIFIC FINL. COR                     | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     37651 | NS      | $1142331.34   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| WHITESTONE REIT                               | WHITESTONE REIT                               | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50957 | NS      | $625751.96    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NEOGENOMICS INC                               | NEOGENOMICS INC                               | CUSIP: 64049M209<br>LEI: 549300KN62PPGHBVXB46 | Long             | EC               | CORP              | US        |    118011 | NS      | $911044.92    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MARRIOTT VACATIONS WORLDW                     | MARRIOTT VACATIONS WORLDW                     | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |     30029 | NS      | $1998730.24   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| AKEBIA THERAPEUTICS INC                       | AKEBIA THERAPEUTICS INC                       | CUSIP: 00972D105<br>LEI: 549300CBQEHMKEEGNX42 | Long             | EC               | CORP              | US        |    233599 | NS      | $637725.27    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBALL ELECTNCS. INC                         | KIMBALL ELECTNCS. INC                         | CUSIP: 49428J109<br>LEI: 549300COBYN2GZCBIU87 | Long             | EC               | CORP              | US        |     21395 | NS      | $638854.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BANDWIDTH INC                                 | BANDWIDTH INC                                 | CUSIP: 05988J103<br>LEI: 549300QC70JB7MUGXM66 | Long             | EC               | CORP              | US        |      6184 | NS      | $103087.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CONCRETE PUMPING HLDGS. I                     | CONCRETE PUMPING HLDGS. I                     | CUSIP: 206704108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    106837 | NS      | $753200.85    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| KEROS THERAPEUTICS INC                        | KEROS THERAPEUTICS INC                        | CUSIP: 492327101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40990 | NS      | $648461.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP INDS INC COM                              | UFP INDS INC COM                              | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     45256 | NS      | $4230983.44   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOMINFO TECHS. INC                           | ZOOMINFO TECHS. INC                           | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |     59573 | NS      | $649941.43    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NURIX THERAPEUTICS INC                        | NURIX THERAPEUTICS INC                        | CUSIP: 67080M103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12429 | NS      | $114843.96    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MISSION PRODUCE INC                           | MISSION PRODUCE INC                           | CUSIP: 60510V108<br>LEI: 54930016JOKVFT59L825 | Long             | EC               | CORP              | US        |     10480 | NS      | $125969.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ABCELLERA BIOLOGICS INC                       | ABCELLERA BIOLOGICS INC                       | CUSIP: 00288U106<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    134936 | NS      | $678728.08    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| MONTE ROSA THERAPEUTICS I                     | MONTE ROSA THERAPEUTICS I                     | CUSIP: 61225M102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    296298 | NS      | $2195568.18   | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| AMERICAN PUBLIC EDUCATION                     | AMERICAN PUBLIC EDUCATION                     | CUSIP: 02913V103<br>LEI: 254900GZNX6TJQGM4S17 | Long             | EC               | CORP              | US        |     25401 | NS      | $1002577.47   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEARFIELD INC                                | CLEARFIELD INC                                | CUSIP: 18482P103<br>LEI: 529900M4S2OQ1ADPR537 | Long             | EC               | CORP              | US        |     19135 | NS      | $657861.30    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ECHOSTAR CORP                                 | ECHOSTAR CORP                                 | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     22200 | NS      | $1695192.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| HACKETT GRP. INC/THE                          | HACKETT GRP. INC/THE                          | CUSIP: 404609109<br>LEI: 5K016KLIRB6156644289 | Long             | EC               | CORP              | US        |      4082 | NS      | $77598.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HANMI FINL. CORP                              | HANMI FINL. CORP                              | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |     27179 | NS      | $671049.51    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                                | EPR PROPERTIES                                | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |     11685 | NS      | $677846.85    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AGIOS PHARMS. INC                             | AGIOS PHARMS. INC                             | CUSIP: 00847X104<br>LEI: 529900ONJHY8EOGYT555 | Long             | EC               | CORP              | US        |     24106 | NS      | $967614.84    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DORIAN LPG LTD                                | DORIAN LPG LTD                                | CUSIP: Y2106R110<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | MH        |     20579 | NS      | $613254.20    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHASTAR PHARMS. INC                         | AMPHASTAR PHARMS. INC                         | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |      4175 | NS      | $111263.75    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ENOVA INTL. INC                               | ENOVA INTL. INC                               | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |      3868 | NS      | $445168.12    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK FIRST CORP                               | BANK FIRST CORP                               | CUSIP: 06211J100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5942 | NS      | $720824.02    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMARK GRP. INC                              | NEWMARK GRP. INC                              | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    118839 | NS      | $2216347.35   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIENT CORP                                   | AVIENT CORP                                   | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |     17554 | NS      | $578404.30    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AMALGAMATED FINL. CORP                        | AMALGAMATED FINL. CORP                        | CUSIP: 022671101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24992 | NS      | $678532.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INNOVAGE HOLDING CORP COM                     | INNOVAGE HOLDING CORP COM                     | CUSIP: 45784A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    104443 | NS      | $538925.88    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMORIS SERVS. CORP                          | PRIMORIS SERVS. CORP                          | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     10327 | NS      | $1418206.91   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRA HEALTH CARE REIT IN                     | SABRA HEALTH CARE REIT IN                     | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |    126258 | NS      | $2353449.12   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ALEXANDER & BALDWIN INC                       | ALEXANDER & BALDWIN INC                       | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33285 | NS      | $605454.15    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EMPIRE STATE REALTY TST.                      | EMPIRE STATE REALTY TST.                      | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |    212333 | NS      | $1626470.78   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CHOICEONE FINL. SERVS. IN                     | CHOICEONE FINL. SERVS. IN                     | CUSIP: 170386106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21871 | NS      | $633384.16    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCBEST CORP                                  | ARCBEST CORP                                  | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     56048 | NS      | $3916073.76   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CARETRUST REIT INC                            | CARETRUST REIT INC                            | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |    100490 | NS      | $3484993.20   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| AXOS FINL. INC                                | AXOS FINL. INC                                | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     80350 | NS      | $6801627.50   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVAVAX INC                                   | NOVAVAX INC                                   | CUSIP: 670002401<br>LEI: 529900J4GJHPEPQ23205 | Long             | EC               | CORP              | US        |    126202 | NS      | $1094171.34   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| PCB BANCORP                                   | PCB BANCORP                                   | CUSIP: 69320M109<br>LEI: 549300E5CI0LZ8Q25890 | Long             | EC               | CORP              | US        |     32526 | NS      | $683046.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| INMODE LTD                                    | INMODE LTD                                    | CUSIP: M5425M103<br>LEI: 984500DD95A35E9BD358 | Long             | EC               | CORP              | IL        |     12506 | NS      | $186339.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK DIAMOND THERAPEUTIC                     | BLACK DIAMOND THERAPEUTIC                     | CUSIP: 09203E105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    209426 | NS      | $793724.54    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG HLDGS. INC                               | PROG HLDGS. INC                               | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |     22416 | NS      | $725381.76    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PORCH GRP. INC                                | PORCH GRP. INC                                | CUSIP: 733245104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100055 | NS      | $1678922.90   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITI GRP. INC                                | UNITI GRP. INC                                | CUSIP: 912932100<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               | CORP              | US        |    357997 | NS      | $2190941.64   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| INSTIL BIO INC                                | INSTIL BIO INC                                | CUSIP: 45783C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11615 | NS      | $207443.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| ASTRAZENECA PLC                               | ASTRAZENECA PLC                               | CUSIP: 451CVR021<br>LEI: N/A                  | Long             |  | CORP              | GB        |     28202 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| NI US GOV T PORTFOLIO                         | NI US GOV T PORTFOLIO                         | CUSIP: 665278404<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |  28723893 | NS      | $28723893.10  | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED STATES TSY. 0.00%                      | UNITED STATES TSY. 0.00%                      | CUSIP: 912797NL7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2195000 | PA      | $2180856.21   | 0.32%             | 2025-11-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TONIX PHARMS. HLDG. CORP                      | TONIX PHARMS. HLDG. CORP                      | CUSIP: 890260839<br>LEI: 529900ACPKP9QW20GX48 | Long             | EC               | CORP              | US        |     85253 | NS      | $2059712.48   | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| WORTHINGTON STEEL INC                         | WORTHINGTON STEEL INC                         | CUSIP: 982104101<br>LEI: 2549009ZUUWL3QLK6G24 | Long             | EC               | CORP              | US        |     24307 | NS      | $738689.73    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| IBOTTA INC                                    | IBOTTA INC                                    | CUSIP: 451051106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25048 | NS      | $697586.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| PERIMETER SOLS. INC                           | PERIMETER SOLS. INC                           | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107045 | NS      | $2396737.55   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CORE NATURAL RES. INC                         | CORE NATURAL RES. INC                         | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |     15472 | NS      | $1291602.56   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| OUTSET MEDICAL INC                            | OUTSET MEDICAL INC                            | CUSIP: 690145206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89204 | NS      | $1259560.48   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| ANGI INC                                      | ANGI INC                                      | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |    154992 | NS      | $2520169.92   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAIL INC                                     | GRAIL INC                                     | CUSIP: 384747101<br>LEI: 2549009XSNESW3VE8024 | Long             | EC               | CORP              | US        |     47955 | NS      | $2835579.15   | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| NEXXEN INTL. LTD                              | NEXXEN INTL. LTD                              | CUSIP: M8T80P204<br>LEI: 213800ZNSR7AIJZ2J557 | Long             | EC               | CORP              | IL        |     68653 | NS      | $635040.25    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK7 CORP COM                                | BANK7 CORP COM                                | CUSIP: 06652N107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15234 | NS      | $704877.18    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FLOTEK INDUSTRIES INC COM                     | FLOTEK INDUSTRIES INC COM                     | CUSIP: 343389409<br>LEI: 549300TF60OEK4FPPC44 | Long             | EC               | CORP              | US        |     58242 | NS      | $850333.20    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| International Monetary Market                 | FUT. EMINI S&P DEC25                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |        17 | NC      | $5727937.50   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange                   | FUT. CME EMINIRUS2K DEC25                     | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |       201 | NC      | $24677775.00  | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| NABORS INDS. LTD                              | NABORS INDS. LTD                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      6861 | NC      | $4459.65      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Liquid Asset Portfolio | Northern Institutional Liquid Asset Portfolio | CUSIP: 665279105<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |  25505210 | NS      | $25505210.50  | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Northern Funds

**Signature:** Randal E. Rein

**Name of Signer:** Randal E. Rein

**Title:** Treasurer and Principal Financial Officer