# EDGAR Filing Document

**Accession Number:** 0000802716
**File Stem:** 0001004726-26-004292
**Filing Date:** 2026-5
**Character Count:** 83398
**Document Hash:** 3ac15323f127d4e87d520e74597b1e9e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-004292.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001004726-26-004292

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000802716

**ORGANIZATION NAME:**
- **EIN:** 316364605
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04852
- **FILM NUMBER:** 261032957

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 6144708000

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SOCIETY FUNDS
- **DATE OF NAME CHANGE:** 19940906

## Series and Classes Contracts Data

### Victory Trivalent International Small-Cap Fund (Series ID: S000046400)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000144999 | Class A      | MISAX           |
| C000145000 | Class C      | MCISX           |
| C000145001 | Class I      | MISIX           |
| C000145002 | Class R6     | MSSIX           |
| C000145003 | Class Y      | MYSIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios

- **b. Investment Company Act file number:** 811-04852

- **c. CIK number of Registrant:** 0000802716

- **d. LEI of Registrant:** 549300V07N3HJP1EW330

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

  - **Street Address 1:** 15935 La Cantera Parkway Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** Victory Trivalent International Small-Cap Fund

- **b. EDGAR series identifier (if any):** S000046400

- **c. LEI of Series:** 549300SB9TZ2GU9C2Q92

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $4665191669.58

**Total Liabilities:** $326227642.12

**Net Assets:** $4338964027.46

**Cash Not Reported:** $46896793.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000144999 | 7.00%                | 7.68%                | -10.92%              |
| Class ID C000145001 | 7.05%                | 7.66%                | -10.87%              |
| Class ID C000145003 | 7.03%                | 7.66%                | -10.89%              |
| Class ID C000145000 | 6.89%                | 7.62%                | -10.99%              |
| Class ID C000145002 | 7.01%                | 7.67%                | -10.90%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $26268133.87             | $270396548.87                              |
| Month 2  | $50749912.08             | $289265135.60                              |
| Month 3  | $78371502.98             | $-619055424.73                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| TOKYO SEIMITSU CO.,LTD.                              | TOKYO SEIMITSU CO LTD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    279100 | NS      | $24819980.96  | 0.57%             |  |  |  | No            | 2                  | On Loan: No      |
| AYVENS SA                                            | AYVENS SA                                 | CUSIP: N/A<br>LEI: 969500E7V019H9NP7427       | Long             | EC               | CORP              | FR        |   1236121 | NS      | $14572050.64  | 0.34%             |  |  |  | Yes           | 2                  | On Loan: No      |
| HANKUK CARBON CO.,LTD                                | HAN KUK CARBON CO LTD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    567442 | NS      | $15046227.48  | 0.35%             |  |  |  | No            | 2                  | On Loan: No      |
| SUGI HOLDINGS CO.,LTD.                               | SUGI HOLDINGS CO LTD                      | CUSIP: N/A<br>LEI: 529900N86BFWB1FADG87       | Long             | EC               | CORP              | JP        |    597200 | NS      | $13151650.17  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| Hudbay Minerals Inc.                                 | HUDBAY MINERALS INC                       | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |   1615521 | NS      | $33834299.18  | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| IFAST CORPORATION LTD.                               | IFAST CORP LTD                            | CUSIP: N/A<br>LEI: 254900R8J6BPHWK23Z14       | Long             | EC               | CORP              | SG        |   2252700 | NS      | $15847963.36  | 0.37%             |  |  |  | No            | 2                  | On Loan: —       |
| Azbil Corporation                                    | AZBIL CORP                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1457900 | NS      | $12739710.57  | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| Credit Saison Co.,Ltd.                               | CREDIT SAISON CO LTD                      | CUSIP: N/A<br>LEI: 529900SV58ZWTGRH3A66       | Long             | EC               | CORP              | JP        |    969000 | NS      | $25331685.08  | 0.58%             |  |  |  | No            | 2                  | On Loan: —       |
| BORALEX INC.                                         | BORALEX INC                               | CUSIP: 09950M300<br>LEI: 5493004UT7HNQU2SVR90 | Long             | EC               | CORP              | CA        |    522698 | NS      | $13769253.52  | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Konecranes Oyj                                       | KONECRANES OYJ                            | CUSIP: N/A<br>LEI: 549300EF0CDEQZBMA096       | Long             | EC               | CORP              | FI        |   1031832 | NS      | $33860901.59  | 0.78%             |  |  |  | No            | 2                  | On Loan: No      |
| Aritzia Inc.                                         | ARITZIA INC                               | CUSIP: 04045U102<br>LEI: 549300U83HKFRL1EX527 | Long             | EC               | CORP              | CA        |    291746 | NS      | $23811205.64  | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Swissquote Group Holding SA                          | SWISSQUOTE GROUP HOLDING SA               | CUSIP: N/A<br>LEI: 549300O3WME82RDPEN66       | Long             | EC               | CORP              | CH        |     68611 | NS      | $34090264.36  | 0.79%             |  |  |  | No            | 2                  | On Loan: No      |
| DRAX GROUP PLC                                       | DRAX GROUP PLC                            | CUSIP: N/A<br>LEI: 549300YPSNTXR4ZHSR98       | Long             | EC               | CORP              | GB        |   1926241 | NS      | $22760393.35  | 0.52%             |  |  |  | No            | 2                  | On Loan: No      |
| CURRYS PLC                                           | DIXONS CARPHONE PLC                       | CUSIP: N/A<br>LEI: 2138001E12GWLLDQQF16       | Long             | EC               | CORP              | GB        |  12536065 | NS      | $20756833.95  | 0.48%             |  |  |  | No            | 2                  | On Loan: No      |
| Entain plc                                           | ENTAIN PLC                                | CUSIP: N/A<br>LEI: 213800GNI3K45LQR8L28       | Long             | EC               | CORP              | IM        |   1553023 | NS      | $11665157.43  | 0.27%             |  |  |  | No            | 2                  | On Loan: No      |
| GENUS PLC                                            | GENUS PLC                                 | CUSIP: N/A<br>LEI: 54930022EOITNKSIGH56       | Long             | EC               | CORP              | GB        |    356499 | NS      | $11303389.00  | 0.26%             |  |  |  | No            | 2                  | On Loan: No      |
| Sanwa Holdings Corporation                           | SANWA HOLDINGS CORP                       | CUSIP: N/A<br>LEI: 5299003X6BCA4ROO5A70       | Long             | EC               | CORP              | JP        |    886700 | NS      | $20167448.61  | 0.46%             |  |  |  | No            | 2                  | On Loan: —       |
| ST. JAMES'S PLACE PLC                                | ST JAMES S PLACE PLC                      | CUSIP: N/A<br>LEI: 213800M993ICXOMBCP87       | Long             | EC               | CORP              | GB        |   1367943 | NS      | $21580982.41  | 0.50%             |  |  |  | No            | 2                  | On Loan: No      |
| BIPROGY Inc.                                         | BIPROGY INC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    521100 | NS      | $15339903.66  | 0.35%             |  |  |  | No            | 2                  | On Loan: No      |
| Logista Integral, S.A.                               | LOGISTA                                   | CUSIP: N/A<br>LEI: 9598000ANNAL42UJ7X28       | Long             | EC               | CORP              | ES        |    367736 | NS      | $13760106.87  | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| On Holding AG                                        | ON HOLDING AG                             | CUSIP: H5919C104<br>LEI: 506700FB3467B9W95526 | Long             | EC               | CORP              | CH        |    388747 | NS      | $13225172.94  | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| SWISS FRANC                                          | SWISS FRANC                               | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | CH        |   -652500 | NS      | $-816237.18   | -0.02%            |  |  |  | No            | N/A                | On Loan: No      |
| IMAX CORPORATION                                     | IMAX CORP                                 | CUSIP: 45245E109<br>LEI: 894500GS1ESLAPZCEI74 | Long             | EC               | CORP              | CA        |    707279 | NS      | $26883674.79  | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| PALADIN ENERGY LTD                                   | PALADIN ENERGY LTD                        | CUSIP: N/A<br>LEI: 549300M44UTJAP8J6B37       | Long             | EC               | CORP              | AU        |   1983006 | NS      | $15789824.87  | 0.36%             |  |  |  | No            | 2                  | On Loan: —       |
| Mitsui Kinzoku Company, Limited                      | MITSUI KINZOKU CO LTD                     | CUSIP: N/A<br>LEI: 35380021EYAHSQM25559       | Long             | EC               | CORP              | JP        |    258900 | NS      | $49114013.98  | 1.13%             |  |  |  | No            | 2                  | On Loan: No      |
| Tokyo Tatemono Co., Ltd.                             | TOKYO TATEMONO CO LTD                     | CUSIP: N/A<br>LEI: 529900RQA4JTW1869J86       | Long             | EC               | CORP              | JP        |    820800 | NS      | $18937915.34  | 0.44%             |  |  |  | No            | 2                  | On Loan: No      |
| IMI PLC                                              | IMI PLC                                   | CUSIP: N/A<br>LEI: 2138002W9Q21PF751R30       | Long             | EC               | CORP              | GB        |    495913 | NS      | $16867897.09  | 0.39%             |  |  |  | No            | 2                  | On Loan: No      |
| DANISH KRONER                                        | DANISH KRONER                             | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | DK        |         9 | NS      | $1.35         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Orion Oyj                                            | ORION OYJ                                 | CUSIP: N/A<br>LEI: 74370029VAHCXDR7B745       | Long             | EC               | CORP              | FI        |    192973 | NS      | $15595245.60  | 0.36%             |  |  |  | No            | 2                  | On Loan: —       |
| Galenica AG                                          | GALENICA AG                               | CUSIP: N/A<br>LEI: 506700W4772BD8016Z20       | Long             | EC               | CORP              | CH        |    210866 | NS      | $24012659.92  | 0.55%             |  |  |  | Yes           | 2                  | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND       | GLDMN SCHS FIN SQ GV-FST                  | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  80344290 | NS      | $80344290.07  | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Bilfinger SE                                         | BILFINGER SE                              | CUSIP: N/A<br>LEI: 529900H0HULEN2BZ4604       | Long             | EC               | CORP              | DE        |    162169 | NS      | $18775054.13  | 0.43%             |  |  |  | No            | 2                  | On Loan: No      |
| SILICON 2 Co.,Ltd.                                   | SILICON2 CO LTD                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    575971 | NS      | $14878941.99  | 0.34%             |  |  |  | No            | 2                  | On Loan: No      |
| CyberAgent, Inc.                                     | CYBERAGENT INC                            | CUSIP: N/A<br>LEI: 3538006T5KZABPGS8Q08       | Long             | EC               | CORP              | JP        |   1505400 | NS      | $12880146.12  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| Koninklijke Heijmans N.V.                            | HEIJMANS NV                               | CUSIP: N/A<br>LEI: 724500OUE3PCA809DZ79       | Long             |  | CORP              | NL        |    160945 | NS      | $14424403.71  | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| Accelleron Industries AG                             | ACCELLERON INDUSTRIES AG                  | CUSIP: N/A<br>LEI: 254900KS0MD2PAARXD14       | Long             | EC               | CORP              | CH        |    312215 | NS      | $28226983.11  | 0.65%             |  |  |  | No            | 2                  | On Loan: No      |
| POONGSAN CORPORATION                                 | POONGSAN CORP                             | CUSIP: N/A<br>LEI: 2549007P08ZD5QJS1369       | Long             | EC               | CORP              | KR        |    294828 | NS      | $17310847.33  | 0.40%             |  |  |  | No            | 2                  | On Loan: No      |
| Bechtle AG                                           | BECHTLE AG                                | CUSIP: N/A<br>LEI: 529900HA2QT774RUXW59       | Long             | EC               | CORP              | DE        |    281795 | NS      | $9716584.52   | 0.22%             |  |  |  | No            | 2                  | On Loan: —       |
| BRP Inc.                                             | BRP INC                                   | CUSIP: 05577W200<br>LEI: 529900EPQGESIRCPY551 | Long             | EC               | CORP              | CA        |    259470 | NS      | $18654827.81  | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| KINDEN CORPORATION                                   | KINDEN CORP                               | CUSIP: N/A<br>LEI: 35380008T6JUN5TU9T34       | Long             | EC               | CORP              | JP        |    468300 | NS      | $21070084.86  | 0.49%             |  |  |  | No            | 2                  | On Loan: No      |
| ENDEAVOUR MINING PLC                                 | ENDEAVOUR MINING PLC                      | CUSIP: N/A<br>LEI: 529900NI5MXQ91GHXR07       | Long             | EC               | CORP              | GB        |    686529 | NS      | $41170022.21  | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| DAEWOONG PHARMA                                      | DAEWOONG PHARMACEUTICAL CO LTD            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    107796 | NS      | $11655496.00  | 0.27%             |  |  |  | No            | 2                  | On Loan: No      |
| Qiagen N.V.                                          | QIAGEN NV                                 | CUSIP: N/A<br>LEI: 54930036WK3GMCN17Z57       | Long             | EC               | CORP              | NL        |    350965 | NS      | $14215591.15  | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| Hyosung Heavy Industries Corporation                 | HYOSUNG HEAVY INDUSTRIES CORP             | CUSIP: N/A<br>LEI: 988400IDLF9EQ95M0928       | Long             | EC               | CORP              | KR        |      9104 | NS      | $15377273.30  | 0.35%             |  |  |  | No            | 2                  | On Loan: No      |
| ILJIN ELECTRIC CO.,LTD                               | ILJIN ELECTRIC CO LTD                     | CUSIP: N/A<br>LEI: 9884001IG9MJA5YJPI56       | Long             | EC               | CORP              | KR        |    336408 | NS      | $16073658.83  | 0.37%             |  |  |  | No            | 2                  | On Loan: No      |
| FINNING INTERNATIONAL INC.                           | FINNING INTERNATIONAL INC                 | CUSIP: 318071404<br>LEI: 549300QLDCP11KB6XW55 | Long             | EC               | CORP              | CA        |    619355 | NS      | $38330633.69  | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Kinaxis Inc                                          | KINAXIS INC                               | CUSIP: 49448Q109<br>LEI: 5299009VAZ14K7PFUQ15 | Long             | EC               | CORP              | CA        |    127534 | NS      | $12873516.14  | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Sumitomo Bakelite Company Limited                    | SUMITOMO BAKELITE CO LTD                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    407400 | NS      | $12851128.15  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| KLEPIERRE SA                                         | KLEPIERRE SA                              | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |    736412 | NS      | $27642802.55  | 0.64%             |  |  |  | No            | 2                  | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                 | HSBC US GOVT MMKT-I                       | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  80483711 | NS      | $80483710.66  | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| TUI AG                                               | TUI AG                                    | CUSIP: N/A<br>LEI: 529900SL2WSPV293B552       | Long             | EC               | CORP              | DE        |   2370833 | NS      | $18667871.12  | 0.43%             |  |  |  | No            | 2                  | On Loan: No      |
| MINES AGNICO EAGLE LIMITEE                           | AGINCO EAGLE MINES LTD                    | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |         1 | NS      | $203.01       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Magellan Financial Group Ltd                         | MAGELLAN FINANCIAL GROUP LTD              | CUSIP: N/A<br>LEI: 549300X5WFW6USQQ9U26       | Long             | EC               | CORP              | AU        |   2831377 | NS      | $19451036.29  | 0.45%             |  |  |  | No            | 2                  | On Loan: No      |
| Bravida Holding AB                                   | BRAVIDA HOLDING AB                        | CUSIP: N/A<br>LEI: 549300H88IJGPNNL3T61       | Long             | EC               | CORP              | SE        |   1321896 | NS      | $13837079.83  | 0.32%             |  |  |  | Yes           | 2                  | On Loan: No      |
| Open House Group Co.,LTD.                            | OPEN HOUSE GROUP CO LTD                   | CUSIP: N/A<br>LEI: 529900WQOGPBIJEHW865       | Long             | EC               | CORP              | JP        |    239100 | NS      | $15325774.06  | 0.35%             |  |  |  | No            | 2                  | On Loan: No      |
| SANDFIRE RESOURCES LIMITED                           | SANDFIRE RESOURCES LTD                    | CUSIP: N/A<br>LEI: 213800ZW52P23FVH1V47       | Long             | EC               | CORP              | AU        |   2519812 | NS      | $28908938.12  | 0.67%             |  |  |  | No            | 2                  | On Loan: No      |
| KANEKA CORPORATION                                   | KANEKA CORP                               | CUSIP: N/A<br>LEI: 529900FWWCF6RY313R16       | Long             | EC               | CORP              | JP        |    316500 | NS      | $9688766.97   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| ORICA LIMITED                                        | ORICA LTD                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1666374 | NS      | $23414995.51  | 0.54%             |  |  |  | No            | 2                  | On Loan: No      |
| OSB GROUP PLC                                        | OSB GROUP PLC                             | CUSIP: N/A<br>LEI: 213800ZBKL9BHSL2K459       | Long             | EC               | CORP              | GB        |   2238257 | NS      | $15568862.25  | 0.36%             |  |  |  | No            | 2                  | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                | INVESCO GVT & AGNCY-INST                  | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  80344290 | NS      | $80344290.07  | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| HANWHA CORP                                          | HANWHA CORP                               | CUSIP: N/A<br>LEI: 988400JE9FIHQS7TX614       | Long             | EC               | CORP              | KR        |    185376 | NS      | $13812049.16  | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| DPM Metals Inc.                                      | DPM METALS INC                            | CUSIP: 26139R109<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |   1722763 | NS      | $60666425.87  | 1.40%             |  |  |  | No            | 1                  | On Loan: No      |
| LONDONMETRIC PROPERTY PLC                            | LONDONMETRIC PROPERTY PLC                 | CUSIP: N/A<br>LEI: 213800OCERWWPQDURL87       | Long             | EC               | CORP              | GB        |   7152275 | NS      | $17274358.24  | 0.40%             |  |  |  | No            | 2                  | On Loan: No      |
| ANSELL LIMITED                                       | ANSELL LTD                                | CUSIP: N/A<br>LEI: 549300NEGJ5G23VCJM45       | Long             | EC               | CORP              | AU        |    862224 | NS      | $16917116.90  | 0.39%             |  |  |  | No            | 2                  | On Loan: —       |
| Mebuki Financial Group, Inc.                         | MEBUKI FINANCIAL GROUP INC                | CUSIP: N/A<br>LEI: 353800K1RXV3E3JAE812       | Long             | EC               | CORP              | JP        |   4817700 | NS      | $37575984.64  | 0.87%             |  |  |  | No            | 2                  | On Loan: No      |
| RAMELIUS RESOURCES LIMITED                           | RAMELIUS RESOURCES LTD                    | CUSIP: N/A<br>LEI: 254900E44AIGW7KKNR98       | Long             | EC               | CORP              | AU        |  15584895 | NS      | $40565727.43  | 0.93%             |  |  |  | No            | 2                  | On Loan: No      |
| SANTEN PHARMACEUTICAL CO., LTD.                      | SANTEN PHARMACEUTICAL CO LTD              | CUSIP: N/A<br>LEI: 529900TPT3I7C17MIM03       | Long             | EC               | CORP              | JP        |   1224100 | NS      | $13842069.72  | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| MAREX GROUP PLC                                      | MAREX GROUP PLC                           | CUSIP: G5S37H101<br>LEI: 549300DWX0SVICJAL507 | Long             | EC               | CORP              | GB        |    494607 | NS      | $22049580.06  | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Headwater Exploration Inc.                           | HEADWATER EXPLORATION INC                 | CUSIP: 422096107<br>LEI: 549300XIU4JQ0GKLRG88 | Long             | EC               | CORP              | CA        |   3257181 | NS      | $30091865.59  | 0.69%             |  |  |  | No            | 1                  | On Loan: —       |
| ICG PLC                                              | ICG PLC                                   | CUSIP: N/A<br>LEI: 549300OGASR5WRKJ8R68       | Long             | EC               | CORP              | GB        |    577368 | NS      | $11839595.03  | 0.27%             |  |  |  | No            | 2                  | On Loan: No      |
| BE Semiconductor Industries N.V.                     | BE SEMICONDUCTOR INDUSTRIES               | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |    123825 | NS      | $26518989.00  | 0.61%             |  |  |  | No            | 2                  | On Loan: No      |
| WONIK IPS CO., LTD.                                  | WONIK IPS CO LTD                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    175595 | NS      | $13069091.82  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| MAPFRE, S.A.                                         | MAPFRE SA                                 | CUSIP: N/A<br>LEI: 95980020140005693107       | Long             | EC               | CORP              | ES        |   6064704 | NS      | $27023701.51  | 0.62%             |  |  |  | No            | 2                  | On Loan: —       |
| Euronext N.V.                                        | EURONEXT NV                               | CUSIP: N/A<br>LEI: 724500QJ4QSZ3H9QU415       | Long             | EC               | CORP              | NL        |    176483 | NS      | $28336165.59  | 0.65%             |  |  |  | Yes           | 2                  | On Loan: No      |
| METHANEX CORPORATION                                 | METHANEX CORP                             | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |    531631 | NS      | $31682287.43  | 0.73%             |  |  |  | No            | 1                  | On Loan: —       |
| HORIBA, Ltd.                                         | HORIBA LTD                                | CUSIP: N/A<br>LEI: 529900OOTWPYSNW0EC84       | Long             | EC               | CORP              | JP        |    145600 | NS      | $17030436.72  | 0.39%             |  |  |  | No            | 2                  | On Loan: No      |
| Kiniksa Pharmaceuticals International PLC            | KINIKSA PHARMACEUTICALS INTERNATIONAL PLC | CUSIP: G52694109<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    332730 | NS      | $16020949.50  | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| KANDENKO CO.,LTD.                                    | KANDENKO CO LTD                           | CUSIP: N/A<br>LEI: 35380080NSN7GCYZ3X14       | Long             | EC               | CORP              | JP        |    817500 | NS      | $31051238.87  | 0.72%             |  |  |  | No            | 2                  | On Loan: No      |
| Ypsomed Holding AG                                   | YPSOMED HOLDING AG                        | CUSIP: N/A<br>LEI: 391200QLIOTTBNPNSI14       | Long             | EC               | CORP              | CH        |     24517 | NS      | $8596983.15   | 0.20%             |  |  |  | No            | 2                  | On Loan: —       |
| PSP Swiss Property AG                                | PSP SWISS PROPERTY AG                     | CUSIP: N/A<br>LEI: 50670042Y437P8X44F56       | Long             | EC               | CORP              | CH        |    163530 | NS      | $32477003.59  | 0.75%             |  |  |  | No            | 2                  | On Loan: No      |
| Nippon Shinyaku Co., Ltd.                            | NIPPON SHINYAKU CO LTD                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    386200 | NS      | $12705889.58  | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| NEXTAGE Co.,Ltd.                                     | NEXTAGE CO LTD                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    609100 | NS      | $12392518.82  | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| Avanza Bank Holding AB                               | AVANZA BANK HOLDING AB                    | CUSIP: N/A<br>LEI: 549300MBWR5H8SIJLE03       | Long             | EC               | CORP              | SE        |    671941 | NS      | $25960021.43  | 0.60%             |  |  |  | No            | 2                  | On Loan: —       |
| CRANSWICK PLC                                        | CRANSWICK PLC                             | CUSIP: N/A<br>LEI: 549300LDZLPU51XOSK43       | Long             | EC               | CORP              | GB        |    260396 | NS      | $18041642.30  | 0.42%             |  |  |  | No            | 2                  | On Loan: No      |
| Kitron ASA                                           | KITRON ASA                                | CUSIP: N/A<br>LEI: 5967007LIEEXZXIG6009       | Long             | EC               | CORP              | NO        |   1382985 | NS      | $13358959.99  | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| SCOR SE                                              | SCOR SE                                   | CUSIP: N/A<br>LEI: 96950056ULJ4JI7V3752       | Long             | EC               | CORP              | FR        |    373270 | NS      | $13339005.76  | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| Sportradar Group AG                                  | SPORTRADAR GROUP AG                       | CUSIP: H8088L103<br>LEI: 549300H1P33YOAT7Z533 | Long             | EC               | CORP              | CH        |    607213 | NS      | $10164745.62  | 0.23%             |  |  |  | No            | 1                  | On Loan: —       |
| TSUMURA & CO.                                        | TSUMURA CO                                | CUSIP: N/A<br>LEI: 3538005RS3M1OVJLC663       | Long             | EC               | CORP              | JP        |    541200 | NS      | $12864987.03  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| ELIS SA                                              | ELIS SA                                   | CUSIP: N/A<br>LEI: 969500UX71LCE8MAY492       | Long             | EC               | CORP              | FR        |    844612 | NS      | $23914891.06  | 0.55%             |  |  |  | No            | 2                  | On Loan: No      |
| INVESTEC PLC                                         | INVESTEC PLC                              | CUSIP: N/A<br>LEI: 2138007Z3U5GWDN3MY22       | Long             | EC               | CORP              | GB        |   2059545 | NS      | $15871732.12  | 0.37%             |  |  |  | No            | 2                  | On Loan: No      |
| SUSS MicroTec SE                                     | SUESS MICROTEC SE                         | CUSIP: N/A<br>LEI: 529900C3KRUTSYDK7N87       | Long             | EC               | CORP              | DE        |    251937 | NS      | $14980635.96  | 0.35%             |  |  |  | No            | 2                  | On Loan: —       |
| Sulzer AG                                            | SULZER AG                                 | CUSIP: N/A<br>LEI: 529900NZ6MAST5IJF669       | Long             | EC               | CORP              | CH        |    155328 | NS      | $32571972.73  | 0.75%             |  |  |  | No            | 2                  | On Loan: No      |
| CTS Eventim AG & Co. KGaA                            | CTS EVENTIM AG CO KGAA                    | CUSIP: N/A<br>LEI: 529900FDHSN08UBJII80       | Long             | EC               | CORP              | DE        |    150698 | NS      | $8825304.33   | 0.20%             |  |  |  | No            | 2                  | On Loan: No      |
| Sheng Siong Group Ltd                                | SHENG SIONG GROUP LTD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |   6029600 | NS      | $13267840.69  | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| SAMSUNG E&A CO.,LTD                                  | SAMSUNG E A CO LTD                        | CUSIP: N/A<br>LEI: 988400HDAY5KIVHGZ188       | Long             | EC               | CORP              | KR        |    873412 | NS      | $21460386.87  | 0.49%             |  |  |  | No            | 2                  | On Loan: No      |
| Avolta AG                                            | DUFRY AG REG                              | CUSIP: N/A<br>LEI: 549300X53WDBVW7TIF57       | Long             | EC               | CORP              | CH        |    297238 | NS      | $17825751.74  | 0.41%             |  |  |  | No            | 2                  | On Loan: No      |
| BANCA GENERALI - SOCIETA PER AZIONI                  | BANCA GENERALI SPA                        | CUSIP: N/A<br>LEI: 815600903231FA2E7698       | Long             | EC               | CORP              | IT        |    262021 | NS      | $15634198.83  | 0.36%             |  |  |  | No            | 2                  | On Loan: No      |
| WHITEHAVEN COAL LIMITED                              | WHITEHAVEN COAL LTD                       | CUSIP: N/A<br>LEI: 529900WCZ4I6ZO3RRP86       | Long             | EC               | CORP              | AU        |   2102965 | NS      | $13566259.20  | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| NCC Aktiebolag                                       | NCC AB                                    | CUSIP: N/A<br>LEI: 213800WRGLW3CY4MHW53       | Long             | EC               | CORP              | SE        |    679529 | NS      | $14970304.41  | 0.35%             |  |  |  | No            | 2                  | On Loan: No      |
| Kyushu Electric Power Company, Incorporated          | KYUSHU ELECTRIC POWER CO INC              | CUSIP: N/A<br>LEI: 549300BYNZPLKQVQH430       | Long             | EC               | CORP              | JP        |   1468900 | NS      | $17028465.54  | 0.39%             |  |  |  | No            | 2                  | On Loan: No      |
| CONVATEC GROUP PLC                                   | CONVATEC GROUP PLC                        | CUSIP: N/A<br>LEI: 213800LS272L4FIDOH92       | Long             | EC               | CORP              | GB        |   5294604 | NS      | $15269633.31  | 0.35%             |  |  |  | Yes           | 2                  | On Loan: No      |
| TOYO SUISAN KAISHA, LTD.                             | TOYO SUISAN KAISHA LTD                    | CUSIP: 892306101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    262000 | NS      | $18427074.67  | 0.42%             |  |  |  | No            | 2                  | On Loan: —       |
| freenet AG                                           | FREENET AG                                | CUSIP: N/A<br>LEI: 5299003GLDODCVP8DO20       | Long             | EC               | CORP              | DE        |    417071 | NS      | $12840283.60  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| Softcat PLC                                          | SOFTCAT PLC                               | CUSIP: N/A<br>LEI: 213800N42YZLR9GLVC42       | Long             | EC               | CORP              | GB        |    591451 | NS      | $9665398.10   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| IBIDEN CO.,LTD.                                      | IBIDEN CO LTD                             | CUSIP: N/A<br>LEI: 52990051DBFIQEY37C91       | Long             | EC               | CORP              | JP        |    606700 | NS      | $30362445.33  | 0.70%             |  |  |  | No            | 2                  | On Loan: No      |
| ROYAL UNIBREW A/S                                    | ROYAL UNIBREW A S                         | CUSIP: N/A<br>LEI: 529900D69KFL8IAP8Q63       | Long             | EC               | CORP              | DK        |    209493 | NS      | $17047855.55  | 0.39%             |  |  |  | No            | 2                  | On Loan: No      |
| SINGAPORE DOLLARS                                    | SINGAPORE DOLLAR                          | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | SG        |         0 | NS      | $0.01         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| TAIHEIYO CEMENT CORPORATION                          | TAIHEIYO CEMENT CORP                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    455500 | NS      | $10264902.94  | 0.24%             |  |  |  | No            | 2                  | On Loan: —       |
| BENDIGO AND ADELAIDE BANK LIMITED                    | BENDIGO AND ADELAIDE BANK                 | CUSIP: N/A<br>LEI: 549300Y9URD6W70K0360       | Long             | EC               | CORP              | AU        |   1800887 | NS      | $12386822.78  | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| WATCHES OF SWITZERLAND GROUP PLC                     | WATCHES OF SWITZERLAND GROUP PLC          | CUSIP: N/A<br>LEI: 2138008ZOT5K9PJW7168       | Long             | EC               | CORP              | GB        |   2280308 | NS      | $13668262.11  | 0.32%             |  |  |  | Yes           | 2                  | On Loan: No      |
| AZIMUT HOLDING S.P.A.                                | AZIMUT HOLDING SPA                        | CUSIP: N/A<br>LEI: 81560025690EF8540635       | Long             | EC               | CORP              | IT        |    595573 | NS      | $22626873.34  | 0.52%             |  |  |  | No            | 2                  | On Loan: No      |
| Nissan Chemical Corporation                          | NISSAN CHEMICAL CORP                      | CUSIP: N/A<br>LEI: 3538002E4L1CUGJFFU25       | Long             | EC               | CORP              | JP        |    477600 | NS      | $18573818.09  | 0.43%             |  |  |  | No            | 2                  | On Loan: No      |
| DO & CO Aktiengesellschaft                           | DO CO AG                                  | CUSIP: N/A<br>LEI: 5299002NFQKOBT1E8569       | Long             | EC               | CORP              | AT        |     52300 | NS      | $9758344.07   | 0.22%             |  |  |  | No            | 2                  | On Loan: No      |
| HD-Hyundai Marine Engine Co., Ltd                    | HD HYUNDAI MARINE ENGINE                  | CUSIP: N/A<br>LEI: 9845007BF42BAEEAD731       | Long             | EC               | CORP              | KR        |    317339 | NS      | $15107973.60  | 0.35%             |  |  |  | No            | 2                  | On Loan: No      |
| Leeno Industrial Inc                                 | LEENO INDUSTRIAL INC                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    424455 | NS      | $27668366.18  | 0.64%             |  |  |  | No            | 2                  | On Loan: No      |
| NORWEGIAN KRONE                                      | NORWEGIAN KRONE                           | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | NO        |        88 | NS      | $9.09         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Seria Co., Ltd.                                      | SERIA CO LTD                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    542400 | NS      | $12950156.05  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| Vanguard Tax Managed Fund FTSE Developed Markets ETF | VANGUARD FTSE DEVELOPED MARKET            | CUSIP: 921943858<br>LEI: N/A                  | Long             |  | RF                | US        |    510352 | NS      | $32703356.16  | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| Colruyt Group NV                                     | COLRUYT GROUP N V                         | CUSIP: N/A<br>LEI: 5493000O0NZ1BCXO8K39       | Long             | EC               | CORP              | BE        |    291574 | NS      | $12260872.31  | 0.28%             |  |  |  | No            | 2                  | On Loan: No      |
| GREAT BRITISH POUND                                  | GREAT BRITISH POUND                       | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | GB        |        12 | NS      | $16.34        | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| IPSEN SA                                             | IPSEN SA                                  | CUSIP: N/A<br>LEI: 549300M6SGDPB4Z94P11       | Long             | EC               | CORP              | FR        |    132631 | NS      | $24783236.07  | 0.57%             |  |  |  | No            | 2                  | On Loan: No      |
| Nordex SE                                            | NORDEX SE                                 | CUSIP: N/A<br>LEI: 529900HVDYCUWVD0OE76       | Long             | EC               | CORP              | DE        |    607792 | NS      | $32933311.99  | 0.76%             |  |  |  | No            | 2                  | On Loan: —       |
| CES ENERGY SOLUTIONS CORP                            | CES ENERGY SOLUTIONS CORP                 | CUSIP: 15713J104<br>LEI: 984500NF54914EB1B646 | Long             | EC               | CORP              | CA        |   1838480 | NS      | $24334184.20  | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| INFRONEER Holdings Inc.                              | INFRONEER HOLDINGS INC                    | CUSIP: N/A<br>LEI: 353800G6TWA2W0MY9K16       | Long             | EC               | CORP              | JP        |   1689800 | NS      | $23445399.91  | 0.54%             |  |  |  | No            | 2                  | On Loan: —       |
| SWCC Corporation                                     | SWCC SHOWA HOLDINGS CO LTD                | CUSIP: N/A<br>LEI: 353800A7RNYOC4KL4T49       | Long             | EC               | CORP              | JP        |    279500 | NS      | $22518883.73  | 0.52%             |  |  |  | No            | 2                  | On Loan: No      |
| RESORTTRUST,INC.                                     | RESORTTRUST INC                           | CUSIP: N/A<br>LEI: 353800FM9MYWH105SE11       | Long             | EC               | CORP              | JP        |   1204200 | NS      | $13236337.44  | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| SANKYU INC.                                          | SANKYU INC                                | CUSIP: N/A<br>LEI: 529900QWTXZZEM1T5G75       | Long             | EC               | CORP              | JP        |    220400 | NS      | $12321990.85  | 0.28%             |  |  |  | No            | 2                  | On Loan: No      |
| VENTIA SERVICES GROUP LIMITED                        | VENTIA SERVICES GROUP PTY LTD             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   5204976 | NS      | $18947313.95  | 0.44%             |  |  |  | No            | 2                  | On Loan: No      |
| REPLY S.P.A.                                         | REPLY SPA                                 | CUSIP: N/A<br>LEI: 815600DAEFB0388F3521       | Long             | EC               | CORP              | IT        |    120035 | NS      | $11294884.82  | 0.26%             |  |  |  | No            | 2                  | On Loan: No      |
| EURO                                                 | EURO                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | XX        |   1560263 | NS      | $1803188.54   | 0.04%             |  |  |  | No            | N/A                | On Loan: No      |
| ALSTOM SA                                            | ALSTOM SA                                 | CUSIP: N/A<br>LEI: 96950032TUYMW11FB530       | Long             | EC               | CORP              | FR        |    454938 | NS      | $13008669.06  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| Tokyu Fudosan Holdings Corporation                   | TOKYU FUDOSAN HOLDINGS CORP               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   2298500 | NS      | $19619671.70  | 0.45%             |  |  |  | No            | 2                  | On Loan: No      |
| SOPRA STERIA GROUP SA                                | SOPRA STERIA GROUP                        | CUSIP: N/A<br>LEI: 96950020QIOHAAK9V551       | Long             | EC               | CORP              | FR        |     93529 | NS      | $13095115.88  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| EBARA CORPORATION                                    | EBARA CORP                                | CUSIP: N/A<br>LEI: 353800UV8U3SOMCDTI49       | Long             | EC               | CORP              | JP        |    607300 | NS      | $17193148.99  | 0.40%             |  |  |  | No            | 2                  | On Loan: No      |
| AUSTRALIAN DOLLAR                                    | AUSTRALIAN DOLLAR                         | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | AU        |    533680 | NS      | $368131.48    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| Japan Hotel REIT Investment Corporation              | JAPAN HOTEL REIT INVESTMENT CORP          | CUSIP: N/A<br>LEI: 353800L8KG849FP1JI68       | Long             | EC               | CORP              | JP        |     26887 | NS      | $12761985.03  | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| NHK SPRING CO., LTD.                                 | NHK SPRING CO LTD                         | CUSIP: N/A<br>LEI: 35380033IJ3XRDV8VH57       | Long             | EC               | CORP              | JP        |   1171800 | NS      | $18686729.71  | 0.43%             |  |  |  | No            | 2                  | On Loan: No      |
| COVIVIO SA                                           | COVIVIO                                   | CUSIP: N/A<br>LEI: 969500P8M3W2XX376054       | Long             | EC               | CORP              | FR        |    323381 | NS      | $19323760.54  | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| EFG International AG                                 | EFG INTERNATIONAL AG                      | CUSIP: N/A<br>LEI: 506700PR1R98BSF81139       | Long             | EC               | CORP              | CH        |    572682 | NS      | $12159653.70  | 0.28%             |  |  |  | No            | 2                  | On Loan: No      |
| MAIRE S.P.A.                                         | MAIRE TECNIMONT SPA                       | CUSIP: N/A<br>LEI: 815600D85A61200A1B83       | Long             | EC               | CORP              | IT        |    982706 | NS      | $15295519.29  | 0.35%             |  |  |  | No            | 2                  | On Loan: No      |
| Adecco Group AG                                      | ADECCO GROUP AG                           | CUSIP: N/A<br>LEI: NI14Y5UMU60O7JE9P611       | Long             | EC               | CORP              | CH        |    585957 | NS      | $14097068.80  | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| Wihlborgs Fastigheter AB                             | WIHLBORGS FASTIGHETER AB                  | CUSIP: N/A<br>LEI: 549300RC1YDJPITF8X06       | Long             | EC               | CORP              | SE        |   1558950 | NS      | $14229235.14  | 0.33%             |  |  |  | No            | 2                  | On Loan: —       |
| CHARTER HALL GROUP                                   | CHARTER HALL GROUP                        | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | AU        |   1406882 | NS      | $18328363.30  | 0.42%             |  |  |  | No            | 2                  | On Loan: No      |
| UOL GROUP LIMITED                                    | UOL GROUP LTD                             | CUSIP: N/A<br>LEI: 254900O9PRCWTMR86R25       | Long             | EC               | CORP              | SG        |   2787600 | NS      | $21171083.09  | 0.49%             |  |  |  | No            | 2                  | On Loan: No      |
| ISS A/S                                              | ISS A S                                   | CUSIP: N/A<br>LEI: 213800LEZA58SZNCBN19       | Long             | EC               | CORP              | DK        |    529280 | NS      | $19281062.35  | 0.44%             |  |  |  | No            | 2                  | On Loan: No      |
| LANCASHIRE HOLDINGS LIMITED                          | LANCASHIRE HOLDINGS LTD                   | CUSIP: N/A<br>LEI: 5493002UNUYXLHOWF752       | Long             | EC               | CORP              | BM        |   2106938 | NS      | $16367127.35  | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| Morinaga Milk Industry Co., Ltd.                     | MORINAGA MILK INDUSTRY CO LTD             | CUSIP: N/A<br>LEI: 529900FB91P7MVO08949       | Long             | EC               | CORP              | JP        |    524900 | NS      | $15852541.72  | 0.37%             |  |  |  | No            | 2                  | On Loan: No      |
| Nissui Corporation                                   | NISSUI CORP                               | CUSIP: N/A<br>LEI: 529900MPH5BMANQ3EC50       | Long             | EC               | CORP              | JP        |   2566500 | NS      | $21880733.10  | 0.50%             |  |  |  | No            | 2                  | On Loan: No      |
| TOKYO OHKA KOGYO CO., LTD.                           | TOKYO OHKA KOGYO CO LTD                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    661200 | NS      | $32359016.88  | 0.75%             |  |  |  | No            | 2                  | On Loan: No      |
| SANIL ELECTRIC CO., LTD.                             | SANIL ELECTRIC CO LTD                     | CUSIP: N/A<br>LEI: 988400KW0ZAP6QNYIX16       | Long             | EC               | CORP              | KR        |    157962 | NS      | $14582590.22  | 0.34%             |  |  |  | No            | 2                  | On Loan: No      |
| Lion Corporation                                     | LION CORP                                 | CUSIP: N/A<br>LEI: 529900MPGS2GM7VPG855       | Long             | EC               | CORP              | JP        |   1165700 | NS      | $12257428.04  | 0.28%             |  |  |  | No            | 2                  | On Loan: No      |
| IREN S.P.A.                                          | IREN SPA                                  | CUSIP: N/A<br>LEI: 8156001EBD33FD474E60       | Long             | EC               | CORP              | IT        |   5955990 | NS      | $16846603.90  | 0.39%             |  |  |  | No            | 2                  | On Loan: No      |
| Verbio SE                                            | VERBIO SE                                 | CUSIP: N/A<br>LEI: 529900W51PINCFFALS96       | Long             | EC               | CORP              | DE        |    185188 | NS      | $9985075.04   | 0.23%             |  |  |  | No            | 2                  | On Loan: —       |
| MSILF Government Portfolio                           | MSILF GOVERNMENT-INST                     | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  80344290 | NS      | $80344290.05  | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| CANADIAN DOLLAR                                      | CANADIAN DOLLAR                           | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | CA        |    422646 | NS      | $303865.45    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| PAL Group Holdings Co Ltd                            | PAL GROUP HOLDINGS CO LTD                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    867100 | NS      | $7955938.35   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| BRITISH LAND COMPANY PUBLIC LIMITED COMPANY(THE)     | BRITISH LAND CO PLC                       | CUSIP: N/A<br>LEI: RV5B68J2GV3QGMRPW209       | Long             | EC               | CORP              | GB        |   3098018 | NS      | $14652517.54  | 0.34%             |  |  |  | No            | 2                  | On Loan: No      |
| EIFFAGE SA                                           | EIFFAGE SA                                | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |    189665 | NS      | $29084566.44  | 0.67%             |  |  |  | No            | 2                  | On Loan: No      |
| INCHCAPE PLC                                         | INCHCAPE PLC                              | CUSIP: N/A<br>LEI: 213800RGEH1MPPNM2T57       | Long             | EC               | CORP              | GB        |   1587576 | NS      | $15832243.11  | 0.36%             |  |  |  | No            | 2                  | On Loan: No      |
| Yamaguchi Financial Group, Inc.                      | YAMAGUCHI FINANCIAL GROUP INC             | CUSIP: N/A<br>LEI: 353800898JPV95YSY548       | Long             | EC               | CORP              | JP        |   1661000 | NS      | $26016512.48  | 0.60%             |  |  |  | No            | 2                  | On Loan: No      |
| TRAINLINE PLC                                        | TRAINLINE PLC                             | CUSIP: N/A<br>LEI: 213800HO26VXTFJ4MO71       | Long             | EC               | CORP              | GB        |   3856471 | NS      | $11649757.46  | 0.27%             |  |  |  | Yes           | 2                  | On Loan: No      |
| CAIRN HOMES PUBLIC LIMITED COMPANY                   | CAIRN HOMES PLC                           | CUSIP: N/A<br>LEI: 635400DPX6WP2KKDOA83       | Long             | EC               | CORP              | IE        |   6671766 | NS      | $16404096.71  | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| MILLICOM INTERNATIONAL CELLULAR S.A.                 | MILLICOM INTERNATIONAL CELLULAR SA        | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |    476680 | NS      | $35722399.20  | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Scout24 SE                                           | SCOUT24 SE                                | CUSIP: N/A<br>LEI: 5493007EIKM2ENQS7U66       | Long             | EC               | CORP              | DE        |    201379 | NS      | $15535992.34  | 0.36%             |  |  |  | Yes           | 2                  | On Loan: No      |
| COMPUTACENTER PLC                                    | COMPUTACENTER PLC                         | CUSIP: N/A<br>LEI: 549300XSXUZ1I19DB105       | Long             | EC               | CORP              | GB        |    425453 | NS      | $17050523.13  | 0.39%             |  |  |  | No            | 2                  | On Loan: No      |
| DKSH Holding AG                                      | DKSH HOLDING LIMITED                      | CUSIP: N/A<br>LEI: 549300HUUUNHO6FJUS42       | Long             | EC               | CORP              | CH        |    205461 | NS      | $15123015.35  | 0.35%             |  |  |  | No            | 2                  | On Loan: No      |
| FUJI CORPORATION                                     | FUJI CORP AICHI                           | CUSIP: N/A<br>LEI: 353800G4VS3QLM6BSX66       | Long             | EC               | CORP              | JP        |    684500 | NS      | $20903176.73  | 0.48%             |  |  |  | No            | 2                  | On Loan: No      |
| TOYODA GOSEI CO., LTD.                               | TOYODA GOSEI CO LTD                       | CUSIP: N/A<br>LEI: 353800ZV4HXVM4DWPO50       | Long             | EC               | CORP              | JP        |    626500 | NS      | $16423749.56  | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| Keppel DC REIT                                       | KEPPEL DC REIT                            | CUSIP: N/A<br>LEI: 254900L7YDIFLO15BD60       | Long             |  | RF                | SG        |   9063700 | NS      | $15431991.01  | 0.36%             |  |  |  | No            | 2                  | On Loan: No      |
| DE ' LONGHI S.P.A.                                   | DE LONGHI SPA                             | CUSIP: N/A<br>LEI: 8156000E09A52C4F8A38       | Long             | EC               | CORP              | IT        |    408112 | NS      | $14341233.21  | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| VIRBAC SA                                            | VIRBAC S A                                | CUSIP: N/A<br>LEI: 969500QQ1X5XHG649644       | Long             | EC               | CORP              | FR        |     33301 | NS      | $13751914.48  | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| BABCOCK INTERNATIONAL GROUP PLC                      | BABCOCK INTERNATIONAL GROUP PLC           | CUSIP: N/A<br>LEI: 213800TSKOLX4EU6L377       | Long             | EC               | CORP              | GB        |   1778581 | NS      | $27607586.35  | 0.64%             |  |  |  | No            | 2                  | On Loan: No      |
| Netcompany Group A/S                                 | NETCOMPANY GROUP AS                       | CUSIP: N/A<br>LEI: 5299006DEGAWX1Z1X779       | Long             | EC               | CORP              | DK        |    277244 | NS      | $17000608.92  | 0.39%             |  |  |  | Yes           | 2                  | On Loan: —       |
| UMICORE SA                                           | UMICORE SA                                | CUSIP: N/A<br>LEI: 529900F3AIQECS8ZSV61       | Long             | EC               | CORP              | BE        |   1365436 | NS      | $26045924.65  | 0.60%             |  |  |  | No            | 2                  | On Loan: No      |
| ASR Nederland N.V.                                   | ASR NEDERLAND NV                          | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |    330010 | NS      | $22717090.19  | 0.52%             |  |  |  | No            | 2                  | On Loan: No      |
| MERLIN Properties SOCIMI, S.A.                       | MERLIN PROPERTIES SOCIMI SA               | CUSIP: N/A<br>LEI: 959800L8KD863DP30X04       | Long             | EC               | CORP              | ES        |   1729240 | NS      | $28169587.23  | 0.65%             |  |  |  | No            | 2                  | On Loan: No      |
| Daicel Corporation                                   | DAICEL CORP                               | CUSIP: N/A<br>LEI: 353800ZG4XF6D7NZGS72       | Long             | EC               | CORP              | JP        |   1663900 | NS      | $13183487.01  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| TRITAX BIG BOX REIT PLC                              | TRITAX BIG BOX REIT PLC                   | CUSIP: N/A<br>LEI: 213800L6X88MIYPVR714       | Long             | EC               | RF                | GB        |   7383408 | NS      | $13903676.61  | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| OceanaGold Corporation                               | OCEANAGOLD CORP                           | CUSIP: 675222400<br>LEI: 549300CBMSE8I9N3E232 | Long             | EC               | CORP              | CA        |   1734609 | NS      | $54698361.31  | 1.26%             |  |  |  | No            | 1                  | On Loan: No      |
| GS Yuasa Corporation                                 | GS YUASA CORP                             | CUSIP: N/A<br>LEI: 353800MW7O6PQQHLDR79       | Long             | EC               | CORP              | JP        |    777300 | NS      | $26722443.80  | 0.62%             |  |  |  | No            | 2                  | On Loan: No      |
| ANRITSU CORPORATION                                  | ANRITSU CORP                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1052000 | NS      | $19104376.52  | 0.44%             |  |  |  | No            | 2                  | On Loan: No      |
| Boardwalk Real Estate Investment Trust               | BOARDWALK REAL ESTATE INVEST              | CUSIP: 096631106<br>LEI: 549300RMNRTTJRCOYW23 | Long             |  | CORP              | CA        |    358126 | NS      | $16208233.30  | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| EASYJET PLC                                          | EASYJET PLC                               | CUSIP: N/A<br>LEI: 2138001S47XKWIB7TH90       | Long             | EC               | CORP              | GB        |   2558445 | NS      | $11902163.24  | 0.27%             |  |  |  | No            | 2                  | On Loan: No      |
| QUEBECOR INC.                                        | QUEBECOR INC                              | CUSIP: 748193208<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    596248 | NS      | $25321999.68  | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| GEA Group Aktiengesellschaft                         | MG TECHNOLOGIES AG                        | CUSIP: N/A<br>LEI: 549300PHUU0ZZWO8EO07       | Long             | EC               | CORP              | DE        |    257329 | NS      | $18452565.94  | 0.43%             |  |  |  | No            | 2                  | On Loan: No      |
| SAWAI GROUP HOLDINGS Co., Ltd.                       | SAWAI GROUP HOLDINGS CO LTD               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    998200 | NS      | $14067744.88  | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| FLSMIDTH & CO. A/S                                   | FLSMIDTH COMPANY A S                      | CUSIP: N/A<br>LEI: 213800MXXDGQ3ITPXI41       | Long             | EC               | CORP              | DK        |    216005 | NS      | $16366053.60  | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| BALFOUR BEATTY PLC                                   | BALFOUR BEATTY PLC                        | CUSIP: N/A<br>LEI: CT4UIJ3TUKGYYHMENQ17       | Long             | EC               | CORP              | GB        |   2830135 | NS      | $28649780.47  | 0.66%             |  |  |  | No            | 2                  | On Loan: No      |
| BIRD CONSTRUCTION INC.                               | BIRD CONSTRUCTION INC                     | CUSIP: 09076P104<br>LEI: 549300P1WGG3QPKID017 | Long             | EC               | CORP              | CA        |    587849 | NS      | $16837949.64  | 0.39%             |  |  |  | No            | 1                  | On Loan: —       |
| NEXTEER AUTOMOTIVE GROUP LIMITED                     | NEXTEER AUTOMOTIVE GROUP LTD              | CUSIP: N/A<br>LEI: 529900O9GGNBKMJ9UO48       | Long             | EC               | CORP              | KY        |  18381000 | NS      | $12014560.38  | 0.28%             |  |  |  | No            | 2                  | On Loan: No      |
| NITTO BOSEKI CO., LTD.                               | NITTO BOSEKI CO LTD                       | CUSIP: N/A<br>LEI: 3538005B13YMJ9BWQO82       | Long             | EC               | CORP              | JP        |    324800 | NS      | $41120614.42  | 0.95%             |  |  |  | No            | 2                  | On Loan: —       |
| SERCO GROUP PLC                                      | SERCO GROUP PLC                           | CUSIP: N/A<br>LEI: 549300PT2CIHYN5GWJ21       | Long             | EC               | CORP              | GB        |   3212603 | NS      | $12171047.84  | 0.28%             |  |  |  | No            | 2                  | On Loan: No      |
| SPIE SA                                              | SPIE SA                                   | CUSIP: N/A<br>LEI: 969500TJNS5GSFWJ8X85       | Long             | EC               | CORP              | FR        |    558298 | NS      | $27953368.64  | 0.64%             |  |  |  | No            | 2                  | On Loan: No      |
| KION GROUP AG                                        | KION GROUP AG                             | CUSIP: N/A<br>LEI: 5299005KY91C4C6U9H17       | Long             | EC               | CORP              | DE        |    202432 | NS      | $10814911.66  | 0.25%             |  |  |  | No            | 2                  | On Loan: No      |
| TAG Immobilien AG                                    | TAG IMMOBILIEN AG                         | CUSIP: N/A<br>LEI: 529900TAE68USJNXLR59       | Long             | EC               | CORP              | DE        |   1386538 | NS      | $21763952.67  | 0.50%             |  |  |  | No            | 2                  | On Loan: No      |
| FOOD & LIFE COMPANIES LTD.                           | FOOD LIFE COMPANIES LTD                   | CUSIP: N/A<br>LEI: 529900CWF7GCVZKS5M87       | Long             | EC               | CORP              | JP        |    317500 | NS      | $18943136.93  | 0.44%             |  |  |  | No            | 2                  | On Loan: No      |
| Zalando SE                                           | ZALANDO SE                                | CUSIP: N/A<br>LEI: 529900YRFFGH5AXU4S86       | Long             | EC               | CORP              | DE        |    743529 | NS      | $18162531.07  | 0.42%             |  |  |  | Yes           | 2                  | On Loan: No      |
| SBM Offshore N.V.                                    | SBM OFFSHORE NV                           | CUSIP: N/A<br>LEI: 549300RDGCRYZ5QE6513       | Long             | EC               | CORP              | NL        |    458584 | NS      | $18284869.96  | 0.42%             |  |  |  | No            | 2                  | On Loan: No      |
| ATCO LTD.                                            | ATCO LTD                                  | CUSIP: 046789400<br>LEI: 5299005SPZ1QYL51JD25 | Long             | EC               | CORP              | CA        |    270623 | NS      | $13248055.27  | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| MAPLE LEAF FOODS INC.                                | MAPLE LEAF FOODS INC                      | CUSIP: 564905107<br>LEI: 549300LX07S5J8F76F37 | Long             | EC               | CORP              | CA        |    680707 | NS      | $14682011.65  | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| ISU Petasys Co., Ltd.                                | ISUPETASYS CO LTD                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    353611 | NS      | $24511213.87  | 0.56%             |  |  |  | No            | 2                  | On Loan: No      |
| MEIDENSHA CORPORATION                                | MEIDENSHA CORP                            | CUSIP: N/A<br>LEI: 529900VFKHJPVURD7985       | Long             | EC               | CORP              | JP        |    310100 | NS      | $15378323.89  | 0.35%             |  |  |  | No            | 2                  | On Loan: No      |
| Siegfried Holding AG                                 | SIEGFRIED HOLDING AG                      | CUSIP: N/A<br>LEI: 506700J9QD6IF3937W06       | Long             | EC               | CORP              | CH        |    119878 | NS      | $11374617.43  | 0.26%             |  |  |  | No            | 2                  | On Loan: No      |
| HARBOUR ENERGY PLC                                   | HARBOUR ENERGY PLC                        | CUSIP: N/A<br>LEI: 213800YPC42DYBKVPF97       | Long             | EC               | CORP              | GB        |   6094930 | NS      | $24232408.75  | 0.56%             |  |  |  | No            | 2                  | On Loan: No      |
| CLASSYS Inc.                                         | CLASSYS INC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    506577 | NS      | $17219225.15  | 0.40%             |  |  |  | No            | 2                  | On Loan: No      |
| KIWOOM Securities Co., Ltd.                          | KIWOOM SECURITIES CO LTD                  | CUSIP: N/A<br>LEI: 988400O27CNGJA2QWJ18       | Long             | EC               | CORP              | KR        |     79726 | NS      | $22560745.34  | 0.52%             |  |  |  | No            | 2                  | On Loan: No      |
| Buzzi SpA                                            | BUZZI UNICEM SPA                          | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |    561849 | NS      | $28401575.88  | 0.65%             |  |  |  | No            | 2                  | On Loan: No      |
| Toyo Tire Corporation                                | TOYO TIRE CORP                            | CUSIP: N/A<br>LEI: 529900Y41RD7VQM9RF75       | Long             | EC               | CORP              | JP        |    540000 | NS      | $12669925.55  | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| SCATEC ASA                                           | SCATEC ASA                                | CUSIP: N/A<br>LEI: 5967007LIEEXZXIARK36       | Long             | EC               | CORP              | NO        |   1269980 | NS      | $17190209.18  | 0.40%             |  |  |  | Yes           | 2                  | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP.                    | ALGONQUIN POWER UTILITIES CORP            | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |   1552023 | NS      | $9506963.81   | 0.22%             |  |  |  | No            | 1                  | On Loan: —       |
| Nippon Electric Glass Co., Ltd.                      | NIPPON ELECTRIC GLASS CO LTD              | CUSIP: N/A<br>LEI: 529900NCIGSAX4V03234       | Long             | EC               | CORP              | JP        |    509200 | NS      | $19599725.02  | 0.45%             |  |  |  | No            | 2                  | On Loan: No      |
| LOTTOMATICA GROUP S.P.A.                             | LOTTOMATICA GROUP SPA                     | CUSIP: N/A<br>LEI: 549300R72LKEGT4EX026       | Long             | EC               | CORP              | IT        |    768172 | NS      | $22177875.45  | 0.51%             |  |  |  | No            | 2                  | On Loan: No      |
| HOWDEN JOINERY GROUP PLC                             | HOWDEN JOINERY GROUP PLC                  | CUSIP: N/A<br>LEI: 213800KC1LJOJTY3JP45       | Long             | EC               | CORP              | GB        |   1202245 | NS      | $12731972.99  | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| JB FINANCIAL GROUP CO.,LTD                           | JB FINANCIAL GROUP CO LTD                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    961729 | NS      | $19740200.73  | 0.45%             |  |  |  | No            | 2                  | On Loan: No      |
| Atalaya Mining Copper, S.A.                          | ATALAYA MINING COPPER SA                  | CUSIP: E0R97K105<br>LEI: N/A                  | Long             | EC               | CORP              | ES        |   1771524 | NS      | $16860158.05  | 0.39%             |  |  |  | No            | 2                  | On Loan: No      |
| COLLIERS INTERNATIONAL GROUP INC.                    | COLLIERS INTERNATIONAL GROUP INC          | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |     93068 | NS      | $9951832.37   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| WHITECAP RESOURCES INC.                              | WHITECAP RESOURCES INC                    | CUSIP: 96467A200<br>LEI: 894500UA4G4BTB67II45 | Long             | EC               | CORP              | CA        |   3603408 | NS      | $40674028.04  | 0.94%             |  |  |  | No            | 1                  | On Loan: —       |
| BANKINTER, S.A.                                      | BANKINTER SA                              | CUSIP: N/A<br>LEI: VWMYAEQSTOPNV0SUGU82       | Long             | EC               | CORP              | ES        |   2657116 | NS      | $42076096.14  | 0.97%             |  |  |  | No            | 2                  | On Loan: —       |
| MITIE GROUP PLC                                      | MITIE GROUP PLC                           | CUSIP: N/A<br>LEI: 213800MTCLTKEHWZMJ03       | Long             | EC               | CORP              | GB        |   5885704 | NS      | $13242159.07  | 0.31%             |  |  |  | No            | 2                  | On Loan: No      |
| ENERFLEX LTD.                                        | ENERFLEX LTD                              | CUSIP: 29269R105<br>LEI: 54930014N7872VUS3F89 | Long             | EC               | CORP              | CA        |   1339583 | NS      | $28026360.85  | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Storskogen Group AB (publ)                           | STORSKOGEN GROUP AB                       | CUSIP: W91106117<br>LEI: 549300DL3K4HLJ41KD24 | Long             | EC               | CORP              | SE        |  10662708 | NS      | $9992130.50   | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| THE BERKELEY GROUP HOLDINGS PLC                      | BERKELEY GROUP HOLDINGS PLC               | CUSIP: N/A<br>LEI: 2138009OQSSLVVHQAL78       | Long             | EC               | CORP              | GB        |    250433 | NS      | $11470327.38  | 0.26%             |  |  |  | No            | 2                  | On Loan: No      |
| GILDAN ACTIVEWEAR INC.                               | GILDAN ACTIVEWEAR INC                     | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |    248172 | NS      | $13822621.93  | 0.32%             |  |  |  | No            | 1                  | On Loan: —       |
| JYSKE BANK A/S                                       | JYSKE BANK A S                            | CUSIP: N/A<br>LEI: 3M5E1GQGKL17HI6CPN30       | Long             | EC               | CORP              | DK        |    188701 | NS      | $25897605.11  | 0.60%             |  |  |  | No            | 2                  | On Loan: No      |
| VERMILION ENERGY INC.                                | VERMILION ENERGY INC                      | CUSIP: 923725105<br>LEI: 8945009D1HGCJC8M8A68 | Long             | EC               | CORP              | CA        |   1815762 | NS      | $25025636.31  | 0.58%             |  |  |  | No            | 1                  | On Loan: —       |
| TEMENOS AG                                           | TEMENOS AG                                | CUSIP: N/A<br>LEI: 5067007NW6550481FH64       | Long             | EC               | CORP              | CH        |    255320 | NS      | $22383458.51  | 0.52%             |  |  |  | No            | 2                  | On Loan: No      |
| MITSUI E&S Co., Ltd.                                 | MITSUI E S CO LTD                         | CUSIP: N/A<br>LEI: 5493007T2YKKWF2NYN82       | Long             | EC               | CORP              | JP        |    459800 | NS      | $16836924.41  | 0.39%             |  |  |  | No            | 2                  | On Loan: —       |
| Games Workshop Group PLC                             | GAMES WORKSHOP GROUP PLC                  | CUSIP: N/A<br>LEI: 213800RP9QJQYGWHNT41       | Long             | EC               | CORP              | GB        |     71994 | NS      | $17016560.17  | 0.39%             |  |  |  | No            | 2                  | On Loan: No      |
| SATS LTD.                                            | SATS LTD                                  | CUSIP: N/A<br>LEI: 529900SEP1R0K8049D51       | Long             | EC               | CORP              | SG        |   4731400 | NS      | $13041853.28  | 0.30%             |  |  |  | No            | 2                  | On Loan: No      |
| Netmarble Corporation                                | NETMARBLE CORP                            | CUSIP: N/A<br>LEI: 988400T1LQCQT8H5EO27       | Long             | EC               | CORP              | KR        |    452405 | NS      | $14900911.35  | 0.34%             |  |  |  | Yes           | 2                  | On Loan: No      |
| LG INNOTEK CO.,LTD                                   | LG INNOTEK CO LTD                         | CUSIP: N/A<br>LEI: 988400KTHH2LMUX7EB48       | Long             | EC               | CORP              | KR        |     82274 | NS      | $16600325.50  | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| Indra Sistemas, S.A.                                 | INDRA SISTEMAS SA                         | CUSIP: N/A<br>LEI: 95980020140005308793       | Long             | EC               | CORP              | ES        |    726175 | NS      | $40580795.03  | 0.94%             |  |  |  | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Victory Portfolios

**Signature:** Carol D. Trevino

**Name of Signer:** Carol D. Trevino

**Title:** Treasurer