# EDGAR Filing Document

**Accession Number:** 0000948258
**File Stem:** 0001752724-23-035588
**Filing Date:** 2023-2
**Character Count:** 88250
**Document Hash:** 0b49d5b55ddaf8b87b3921a7427ce49e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-035588.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-035588

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** M FUND INC
- **CENTRAL INDEX KEY:** 0000948258
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09082
- **FILM NUMBER:** 23657369

**BUSINESS ADDRESS:**
- **STREET 1:** 1125 NW COUCH STREET
- **STREET 2:** SUITE 900
- **CITY:** PORTLAND
- **STATE:** OR
- **ZIP:** 97209
- **BUSINESS PHONE:** 5032326960

**MAIL ADDRESS:**
- **STREET 1:** 1125 NW COUCH STREET
- **STREET 2:** SUITE 900
- **CITY:** PORTLAND
- **STATE:** OR
- **ZIP:** 97209

## Series and Classes Contracts Data

### M Large Cap Value Fund (Series ID: S000006152)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000016959 | M Large Cap Value Fund | MBOVX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** M FUND INC

- **b. Investment Company Act file number:** 811-09082

- **c. CIK number of Registrant:** 0000948258

- **d. LEI of Registrant:** 5493007H7VIH3Y9VBE66

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

  - **Street Address 1:** 1125 NW COUCH STREET,

  - **City:** PORTLAND

  - **State:** OR

  - **Foreign country:** US

  - **Zip / Postal Code:** 97209

  - **Telephone number:** 503-232-6960

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

- **a. Name of Series:** M Large Cap Value Fund

- **b. EDGAR series identifier (if any):** S000006152

- **c. LEI of Series:** 549300X3OCJ4T62WNN33

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $135279769.18

**Total Liabilities:** $3332632.80

**Net Assets:** $131947136.38

**Cash Not Reported:** $694282.62

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000016959 | 13.87%               | 6.39%                | -4.20%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $812866.61               | $14589724.90                               |
| Month 2  | $1019738.33              | $6818425.05                                |
| Month 3  | $1091840.77              | $-7016859.34                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Discover Financial Services                | Discover Financial Services                                                 | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |      3900 | NS      | $381537.00    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| FMC Corp                                   | FMC Corp.                                                                   | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |      1700 | NS      | $212160.00    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Nexstar Media Group Inc                    | Nexstar Media Group, Inc.                                                   | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |       500 | NS      | $87515.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Equitable Holdings Inc                     | Equitable Holdings, Inc.                                                    | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |      6000 | NS      | $172200.00    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Jabil Inc                                  | Jabil, Inc.                                                                 | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      2700 | NS      | $184140.00    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Cisco Systems Inc                          | Cisco Systems, Inc.                                                         | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     56500 | NS      | $2691660.00   | 2.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Assurant Inc                               | Assurant, Inc.                                                              | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |       800 | NS      | $100048.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Dow Inc                                    | Dow, Inc.                                                                   | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |      9600 | NS      | $483744.00    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| PDC Energy Inc                             | PDC Energy, Inc.                                                            | CUSIP: 69327R101<br>LEI: 5493008W8H2T511J5Y59 | Long             | EC               | CORP              | US        |      1200 | NS      | $76176.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| United Parcel Service Inc                  | United Parcel Service, Inc.                                                 | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     10000 | NS      | $1738400.00   | 1.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Financial Inc            | Fidelity National Financial, Inc.                                           | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |      3800 | NS      | $142956.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| General Motors Co                          | General Motors Co.                                                          | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     19400 | NS      | $652616.00    | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Comerica Inc                               | Comerica, Inc.                                                              | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |      1900 | NS      | $127015.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Vistra Corp                                | Vistra Corp.                                                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      6000 | NS      | $139200.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Expeditors International of Washington Inc | Expeditors International of Washington, Inc.                                | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      2100 | NS      | $218232.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Dominion Energy Inc                        | Dominion Energy, Inc.                                                       | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     10800 | NS      | $662256.00    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Jones Lang LaSalle Inc                     | Jones Lang LaSalle, Inc.                                                    | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |       900 | NS      | $143433.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| NetApp Inc                                 | NetApp, Inc.                                                                | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      2800 | NS      | $168168.00    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Sensata Technologies Holding PLC           | Sensata Technologies Holding PLC                                            | CUSIP: 000000000<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | GB        |      2000 | NS      | $80760.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Molson Coors Beverage Co                   | Molson Coors Beverage Co.                                                   | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |      2799 | NS      | $144204.48    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Philip Morris International Inc            | Philip Morris International, Inc.                                           | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     21000 | NS      | $2125410.00   | 1.61%             |  |  |  | No            | 1                  | On Loan: No      |
| United Rentals Inc                         | United Rentals, Inc.                                                        | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |      1000 | NS      | $355420.00    | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| International Business Machines Corp       | International Business Machines Corp.                                       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     11400 | NS      | $1606146.00   | 1.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Pentair PLC                                | Pentair PLC                                                                 | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |      2200 | NS      | $98956.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Valero Energy Corp                         | Valero Energy Corp.                                                         | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      5600 | NS      | $710416.00    | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Northern Trust Corp                        | Northern Trust Corp.                                                        | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |      2800 | NS      | $247772.00    | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| News Corp                                  | News Corp.                                                                  | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |      4200 | NS      | $76440.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| United States Steel Corp                   | U.S. Steel Corp.                                                            | CUSIP: 912909108<br>LEI: JNLUVFYJT1OZSIQ24U47 | Long             | EC               | CORP              | US        |      3200 | NS      | $80160.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| DR Horton Inc                              | DR Horton, Inc.                                                             | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |      6400 | NS      | $570496.00    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Marathon Oil Corp                          | Marathon Oil Corp.                                                          | CUSIP: 565849106<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | EC               | CORP              | US        |      9935 | NS      | $268940.45    | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Reinsurance Group of America Inc           | Reinsurance Group of America, Inc.                                          | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |       900 | NS      | $127881.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| AbbVie Inc                                 | AbbVie, Inc.                                                                | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     24300 | NS      | $3927123.00   | 2.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Universal Health Services Inc              | Universal Health Services, Inc.                                             | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      1400 | NS      | $197246.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Everest Re Group Ltd                       | Everest Re Group Ltd.                                                       | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |       600 | NS      | $198762.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Masco Corp                                 | Masco Corp.                                                                 | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |      4600 | NS      | $214682.00    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Western Union Co/The                       | Western Union Co.                                                           | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |      4300 | NS      | $59211.00     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| EOG Resources Inc                          | EOG Resources, Inc.                                                         | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     10100 | NS      | $1308152.00   | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Arch Capital Group Ltd                     | Arch Capital Group Ltd.                                                     | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |      5500 | NS      | $345290.00    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Owens Corning                              | Owens Corning                                                               | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |      1800 | NS      | $153540.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street Global Advisors               | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857492706<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   3225378 | NS      | $3225378.25   | 2.44%             |  |  |  | No            | N/A                | On Loan: No      |
| Olin Corp                                  | Olin Corp.                                                                  | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |      1850 | NS      | $97939.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Snap-on Inc                                | Snap-on, Inc.                                                               | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      1000 | NS      | $228490.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Walgreens Boots Alliance Inc               | Walgreens Boots Alliance, Inc.                                              | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |     11700 | NS      | $437112.00    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Polaris Inc                                | Polaris, Inc.                                                               | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |       800 | NS      | $80800.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Chubb Ltd                                  | Chubb Ltd.                                                                  | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      6100 | NS      | $1345660.00   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicom Group Inc                          | Omnicom Group, Inc.                                                         | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |      3700 | NS      | $301809.00    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Amcor PLC                                  | Amcor PLC                                                                   | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |     27200 | NS      | $323952.00    | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| PNC Financial Services Group Inc/The       | PNC Financial Services Group, Inc.                                          | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |      5800 | NS      | $916052.00    | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Capri Holdings Ltd                         | Capri Holdings Ltd.                                                         | CUSIP: 000000000<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | VG        |      1900 | NS      | $108908.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Prosperity Bancshares Inc                  | Prosperity Bancshares, Inc.                                                 | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1200 | NS      | $87216.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Mosaic Co/The                              | Mosaic Co.                                                                  | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |      6600 | NS      | $289542.00    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corp                               | Comcast Corp.                                                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     61200 | NS      | $2140164.00   | 1.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Invesco Ltd                                | Invesco Ltd.                                                                | CUSIP: 000000000<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |      6200 | NS      | $111538.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| AGCO Corp                                  | AGCO Corp.                                                                  | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |       950 | NS      | $131755.50    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Fox Corp                                   | Fox Corp.                                                                   | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |      5800 | NS      | $176146.00    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| PPL Corp                                   | PPL Corp.                                                                   | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     10100 | NS      | $295122.00    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| Exelon Corp                                | Exelon Corp.                                                                | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     16900 | NS      | $730587.00    | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Nucor Corp                                 | Nucor Corp.                                                                 | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      5300 | NS      | $698593.00    | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Lear Corp                                  | Lear Corp.                                                                  | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |       800 | NS      | $99216.00     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Graphic Packaging Holding Co               | Graphic Packaging Holding Co.                                               | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4200 | NS      | $93450.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| FleetCor Technologies Inc                  | FleetCor Technologies, Inc.                                                 | CUSIP: 339041105<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      1000 | NS      | $183680.00    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Truist Financial Corp                      | Truist Financial Corp.                                                      | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     17900 | NS      | $770237.00    | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntington Bancshares Inc/OH               | Huntington Bancshares, Inc.                                                 | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |     19700 | NS      | $277770.00    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Centene Corp                               | Centene Corp.                                                               | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |      7800 | NS      | $639678.00    | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Dell Technologies Inc                      | Dell Technologies, Inc.                                                     | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      3300 | NS      | $132726.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Synovus Financial Corp                     | Synovus Financial Corp.                                                     | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |       900 | NS      | $33795.00     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Hewlett Packard Enterprise Co              | Hewlett Packard Enterprise Co.                                              | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     22400 | NS      | $357504.00    | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Crown Holdings Inc                         | Crown Holdings, Inc.                                                        | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      2400 | NS      | $197304.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Range Resources Corp                       | Range Resources Corp.                                                       | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |      3300 | NS      | $82566.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Eastman Chemical Co                        | Eastman Chemical Co.                                                        | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |      1600 | NS      | $130304.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Archer-Daniels-Midland Co                  | Archer-Daniels-Midland Co.                                                  | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |      9700 | NS      | $900645.00    | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Elevance Health Inc                        | Elevance Health, Inc.                                                       | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      4400 | NS      | $2257068.00   | 1.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Lennar Corp                                | Lennar Corp.                                                                | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      4800 | NS      | $434400.00    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Leidos Holdings Inc                        | Leidos Holdings, Inc.                                                       | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      1699 | NS      | $178717.81    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| CBRE Group Inc                             | CBRE Group, Inc.                                                            | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      4362 | NS      | $335699.52    | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Frontier Communications Parent Inc         | Frontier Communications Parent, Inc.                                        | CUSIP: 35909D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3400 | NS      | $86632.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Biogen Inc                                 | Biogen, Inc.                                                                | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      1500 | NS      | $415380.00    | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Fiserv Inc                                 | Fiserv, Inc.                                                                | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |      7344 | NS      | $742258.08    | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Edison International                       | Edison International                                                        | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |      4800 | NS      | $305376.00    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Lowe's Cos Inc                             | Lowe's Cos., Inc.                                                           | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     12800 | NS      | $2550272.00   | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Darling Ingredients Inc                    | Darling Ingredients, Inc.                                                   | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |      2100 | NS      | $131439.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Cummins Inc                                | Cummins, Inc.                                                               | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      1900 | NS      | $460351.00    | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Ralph Lauren Corp                          | Ralph Lauren Corp.                                                          | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |       549 | NS      | $58012.83     | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Sealed Air Corp                            | Sealed Air Corp.                                                            | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |      2800 | NS      | $139664.00    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Tyson Foods Inc                            | Tyson Foods, Inc.                                                           | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |      3900 | NS      | $242775.00    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Ingredion Inc                              | Ingredion, Inc.                                                             | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |       900 | NS      | $88137.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Packaging Corp of America                  | Packaging Corp. of America                                                  | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      1600 | NS      | $204656.00    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Service Corp International/US              | Service Corp. International                                                 | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |      3200 | NS      | $221248.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Applied Materials Inc                      | Applied Materials, Inc.                                                     | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |     11600 | NS      | $1129608.00   | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Occidental Petroleum Corp                  | Occidental Petroleum Corp.                                                  | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     12500 | NS      | $787375.00    | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Moderna Inc                                | Moderna, Inc.                                                               | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |      5200 | NS      | $934024.00    | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Kellogg Co                                 | Kellogg Co.                                                                 | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |      4400 | NS      | $313456.00    | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntington Ingalls Industries Inc          | Huntington Ingalls Industries, Inc.                                         | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |       600 | NS      | $138408.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Newmont Corp                               | Newmont Corp.                                                               | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     10200 | NS      | $481440.00    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Zions Bancorp NA                           | Zions Bancorp NA                                                            | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |      2100 | NS      | $103236.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Pinnacle West Capital Corp                 | Pinnacle West Capital Corp.                                                 | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |      1549 | NS      | $117785.96    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Best Buy Co Inc                            | Best Buy Co., Inc.                                                          | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      3100 | NS      | $248651.00    | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Chevron Corp                               | Chevron Corp.                                                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9067 | NS      | $1627435.83   | 1.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Williams-Sonoma Inc                        | Williams-Sonoma, Inc.                                                       | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |       900 | NS      | $103428.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| KeyCorp                                    | KeyCorp                                                                     | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |     13300 | NS      | $231686.00    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Entergy Corp                               | Entergy Corp.                                                               | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      2800 | NS      | $315000.00    | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| UWM Holdings Corp                          | UWM Holdings Corp.                                                          | CUSIP: 91823B109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1200 | NS      | $3972.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: —       |
| Cigna Corp                                 | Cigna Corp.                                                                 | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      4600 | NS      | $1524164.00   | 1.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Sempra Energy                              | Sempra Energy                                                               | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |      4300 | NS      | $664522.00    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| W R Berkley Corp                           | W R Berkley Corp.                                                           | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |      3650 | NS      | $264880.50    | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| CVS Health Corp                            | CVS Health Corp.                                                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     18010 | NS      | $1678351.90   | 1.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Dick's Sporting Goods Inc                  | Dick's Sporting Goods, Inc.                                                 | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |       800 | NS      | $96232.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Principal Financial Group Inc              | Principal Financial Group, Inc.                                             | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |      3700 | NS      | $310504.00    | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| BOK Financial Corp                         | BOK Financial Corp.                                                         | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |       900 | NS      | $93411.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Huntsman Corp                              | Huntsman Corp.                                                              | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |      1600 | NS      | $43968.00     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| PACCAR Inc                                 | PACCAR, Inc.                                                                | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |      4748 | NS      | $469909.56    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Exxon Mobil Corp                           | Exxon Mobil Corp.                                                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     54200 | NS      | $5978260.00   | 4.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Corning Inc                                | Corning, Inc.                                                               | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     11600 | NS      | $370504.00    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Steel Dynamics Inc                         | Steel Dynamics, Inc.                                                        | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      3600 | NS      | $351720.00    | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Brunswick Corp/DE                          | Brunswick Corp.                                                             | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |      1400 | NS      | $100912.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| American Financial Group Inc/OH            | American Financial Group, Inc.                                              | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |      1200 | NS      | $164736.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Carlisle Cos Inc                           | Carlisle Cos., Inc.                                                         | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |       700 | NS      | $164955.00    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Skechers USA Inc                           | Skechers USA, Inc.                                                          | CUSIP: 830566105<br>LEI: 529900D2R54KZPA4XR56 | Long             | EC               | CORP              | US        |      1800 | NS      | $75510.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Markel Corp                                | Markel Corp.                                                                | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |       180 | NS      | $237148.20    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| OGE Energy Corp                            | OGE Energy Corp.                                                            | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |      2752 | NS      | $108841.60    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| AT&T Inc                                   | AT&T, Inc.                                                                  | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     98500 | NS      | $1813385.00   | 1.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Amgen Inc                                  | Amgen, Inc.                                                                 | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      7300 | NS      | $1917272.00   | 1.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of America Corp                       | Bank of America Corp.                                                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    112700 | NS      | $3732624.00   | 2.83%             |  |  |  | No            | 1                  | On Loan: No      |
| DXC Technology Co                          | DXC Technology Co.                                                          | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |      3200 | NS      | $84800.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Unum Group                                 | Unum Group                                                                  | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |      2800 | NS      | $114884.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Alliant Energy Corp                        | Alliant Energy Corp.                                                        | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |      3300 | NS      | $182193.00    | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Knight-Swift Transportation Holdings Inc   | Knight-Swift Transportation Holdings, Inc.                                  | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2200 | NS      | $115302.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Evergy Inc                                 | Evergy, Inc.                                                                | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |      3200 | NS      | $201376.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Conagra Brands Inc                         | Conagra Brands, Inc.                                                        | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |      6551 | NS      | $253523.70    | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Fortune Brands Innovations Inc             | Fortune Brands Innovations, Inc.                                            | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |      1700 | NS      | $97087.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| BorgWarner Inc                             | BorgWarner, Inc.                                                            | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |      3200 | NS      | $128800.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| AutoNation Inc                             | AutoNation, Inc.                                                            | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1500 | NS      | $160950.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| East West Bancorp Inc                      | East West Bancorp, Inc.                                                     | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1900 | NS      | $125210.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Pinnacle Financial Partners Inc            | Pinnacle Financial Partners, Inc.                                           | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |       500 | NS      | $36700.00     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| FedEx Corp                                 | FedEx Corp.                                                                 | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      3500 | NS      | $606200.00    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Synchrony Financial                        | Synchrony Financial                                                         | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |      6100 | NS      | $200446.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Ford Motor Co                              | Ford Motor Co.                                                              | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     67600 | NS      | $786188.00    | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Parker-Hannifin Corp                       | Parker-Hannifin Corp.                                                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |      1800 | NS      | $523800.00    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Kinder Morgan Inc                          | Kinder Morgan, Inc.                                                         | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     30900 | NS      | $558672.00    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Cincinnati Financial Corp                  | Cincinnati Financial Corp.                                                  | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |      2200 | NS      | $225258.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Goldman Sachs Group Inc/The                | Goldman Sachs Group, Inc.                                                   | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      4600 | NS      | $1579548.00   | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Freeport-McMoRan Inc                       | Freeport-McMoRan, Inc.                                                      | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     19487 | NS      | $740506.00    | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Macy's Inc                                 | Macy's, Inc.                                                                | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |      3500 | NS      | $72275.00     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Information Services Inc | Fidelity National Information Services, Inc.                                | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |      6600 | NS      | $447810.00    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| International Paper Co                     | International Paper Co.                                                     | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |      4900 | NS      | $169687.00    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| APA Corp                                   | APA Corp.                                                                   | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |      4600 | NS      | $214728.00    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| MetLife Inc                                | MetLife, Inc.                                                               | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     12300 | NS      | $890151.00    | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Aflac Inc                                  | Aflac, Inc.                                                                 | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |      9600 | NS      | $690624.00    | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Eversource Energy                          | Eversource Energy                                                           | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |      4300 | NS      | $360512.00    | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Duke Energy Corp                           | Duke Energy Corp.                                                           | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     10500 | NS      | $1081395.00   | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Pfizer Inc                                 | Pfizer, Inc.                                                                | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     77400 | NS      | $3965976.00   | 3.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Bath & Body Works Inc                      | Bath & Body Works, Inc.                                                     | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |      3200 | NS      | $134848.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Voya Financial Inc                         | Voya Financial, Inc.                                                        | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |      1800 | NS      | $110682.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Globe Life Inc                             | Globe Life, Inc.                                                            | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |      1300 | NS      | $156715.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Allstate Corp/The                          | Allstate Corp.                                                              | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      4100 | NS      | $555960.00    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Landstar System Inc                        | Landstar System, Inc.                                                       | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |       500 | NS      | $81450.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Dover Corp                                 | Dover Corp.                                                                 | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |      1700 | NS      | $230197.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Cardinal Health Inc                        | Cardinal Health, Inc.                                                       | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      3262 | NS      | $250749.94    | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| AmerisourceBergen Corp                     | AmerisourceBergen Corp.                                                     | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      3500 | NS      | $579985.00    | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Boyd Gaming Corp                           | Boyd Gaming Corp.                                                           | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |      1349 | NS      | $73560.97     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Penske Automotive Group Inc                | Penske Automotive Group, Inc.                                               | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |      1100 | NS      | $126423.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Carrier Global Corp                        | Carrier Global Corp.                                                        | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     10278 | NS      | $423967.50    | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Devon Energy Corp                          | Devon Energy Corp.                                                          | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |      9000 | NS      | $553590.00    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| LyondellBasell Industries NV               | LyondellBasell Industries NV                                                | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |      4485 | NS      | $372389.55    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Altria Group Inc                           | Altria Group, Inc.                                                          | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     24800 | NS      | $1133608.00   | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| LKQ Corp                                   | LKQ Corp.                                                                   | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      5300 | NS      | $283073.00    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| PulteGroup Inc                             | PulteGroup, Inc.                                                            | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4700 | NS      | $213991.00    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Laboratory Corp of America Holdings        | Laboratory Corp. of America Holdings                                        | CUSIP: 50540R409<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | EC               | CORP              | US        |      1700 | NS      | $400316.00    | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of New York Mellon Corp/The           | Bank of New York Mellon Corp.                                               | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     12100 | NS      | $550792.00    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley                             | Morgan Stanley                                                              | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     23100 | NS      | $1963962.00   | 1.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Westrock Co                                | Westrock Co.                                                                | CUSIP: 96145D105<br>LEI: 5493004Z9TCQW68YVL89 | Long             | EC               | CORP              | US        |      3200 | NS      | $112512.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Pioneer Natural Resources Co               | Pioneer Natural Resources Co.                                               | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |      3300 | NS      | $753687.00    | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Caterpillar Inc                            | Caterpillar, Inc.                                                           | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      5800 | NS      | $1389448.00   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Credit Acceptance Corp                     | Credit Acceptance Corp.                                                     | CUSIP: 225310101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       200 | NS      | $94880.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: —       |
| CF Industries Holdings Inc                 | CF Industries Holdings, Inc.                                                | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      2700 | NS      | $230040.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| QUALCOMM Inc                               | QUALCOMM, Inc.                                                              | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     12600 | NS      | $1385244.00   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Textron Inc                                | Textron, Inc.                                                               | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |      3900 | NS      | $276120.00    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| UGI Corp                                   | UGI Corp.                                                                   | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |      2900 | NS      | $107503.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Lam Research Corp                          | Lam Research Corp.                                                          | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      1800 | NS      | $756540.00    | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Sonoco Products Co                         | Sonoco Products Co.                                                         | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |      1300 | NS      | $78923.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Ameriprise Financial Inc                   | Ameriprise Financial, Inc.                                                  | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      1600 | NS      | $498192.00    | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| HCA Healthcare Inc                         | HCA Healthcare, Inc.                                                        | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      5800 | NS      | $1391768.00   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| KLA Corp                                   | KLA Corp.                                                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      1800 | NS      | $678654.00    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Hartford Financial Services Group Inc/The  | Hartford Financial Services Group, Inc.                                     | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      4900 | NS      | $371567.00    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Diamondback Energy Inc                     | Diamondback Energy, Inc.                                                    | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      1900 | NS      | $259882.00    | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| NVR Inc                                    | NVR, Inc.                                                                   | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |        50 | NS      | $230629.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| McKesson Corp                              | McKesson Corp.                                                              | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      2800 | NS      | $1050336.00   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| U-Haul Holding Co                          | U-Haul Holding Co.                                                          | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |      3600 | NS      | $197928.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| CACI International Inc                     | CACI International, Inc.                                                    | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |       300 | NS      | $90177.00     | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Regions Financial Corp                     | Regions Financial Corp.                                                     | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     13100 | NS      | $282436.00    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Tapestry Inc                               | Tapestry, Inc.                                                              | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      3300 | NS      | $125664.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Kroger Co/The                              | Kroger Co.                                                                  | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      9900 | NS      | $441342.00    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Ovintiv Inc                                | Ovintiv, Inc.                                                               | CUSIP: 69047Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3400 | NS      | $172414.00    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Berry Global Group Inc                     | Berry Global Group, Inc.                                                    | CUSIP: 08579W103<br>LEI: 549300G6KKUMMXM8NH73 | Long             | EC               | CORP              | US        |      1700 | NS      | $102731.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Commerce Bancshares Inc/MO                 | Commerce Bancshares, Inc.                                                   | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1725 | NS      | $117420.75    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| U-Haul Holding Co                          | U-Haul Holding Co.                                                          | CUSIP: 023586100<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |       400 | NS      | $24076.00     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Regeneron Pharmaceuticals Inc              | Regeneron Pharmaceuticals, Inc.                                             | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |      1400 | NS      | $1010086.00   | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Builders FirstSource Inc                   | Builders FirstSource, Inc.                                                  | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |      2000 | NS      | $129760.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Jefferies Financial Group Inc              | Jefferies Financial Group, Inc.                                             | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |      3600 | NS      | $123408.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Prudential Financial Inc                   | Prudential Financial, Inc.                                                  | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |      5400 | NS      | $537084.00    | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Harley-Davidson Inc                        | Harley-Davidson, Inc.                                                       | CUSIP: 412822108<br>LEI: ZDNAWZWXIKMWI51R2A08 | Long             | EC               | CORP              | US        |      2000 | NS      | $83200.00     | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Fifth Third Bancorp                        | Fifth Third Bancorp                                                         | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |      9700 | NS      | $318257.00    | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Russell 1000 Value ETF             | iShares Russell 1000 Value ETF                                              | CUSIP: 464287598<br>LEI: 549300KLSYN5NN4YNM90 | Long             | EC               | RF                | US        |     24110 | NS      | $3656281.50   | 2.77%             |  |  |  | No            | 1                  | On Loan: —       |
| Interpublic Group of Cos Inc/The           | Interpublic Group of Cos., Inc.                                             | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |      5300 | NS      | $176543.00    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Travelers Cos Inc/The                      | Travelers Cos., Inc.                                                        | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      6200 | NS      | $1162438.00   | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Kraft Heinz Co/The                         | Kraft Heinz Co.                                                             | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     16800 | NS      | $683928.00    | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| T Rowe Price Group Inc                     | T Rowe Price Group, Inc.                                                    | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |      3100 | NS      | $338086.00    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Merck & Co Inc                             | Merck & Co., Inc.                                                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     31200 | NS      | $3461640.00   | 2.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Quest Diagnostics Inc                      | Quest Diagnostics, Inc.                                                     | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      2400 | NS      | $375456.00    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Oshkosh Corp                               | Oshkosh Corp.                                                               | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |       800 | NS      | $70552.00     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Whirlpool Corp                             | Whirlpool Corp.                                                             | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |      1100 | NS      | $155606.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Global Payments Inc                        | Global Payments, Inc.                                                       | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |      1000 | NS      | $99320.00     | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Henry Schein Inc                           | Henry Schein, Inc.                                                          | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |      1900 | NS      | $151753.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMorgan Chase & Co                        | JPMorgan Chase & Co.                                                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     40400 | NS      | $5417640.00   | 4.11%             |  |  |  | No            | 1                  | On Loan: No      |
| HP Inc                                     | HP, Inc.                                                                    | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     22300 | NS      | $599201.00    | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| TopBuild Corp                              | TopBuild Corp.                                                              | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |       100 | NS      | $15649.00     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Loews Corp                                 | Loews Corp.                                                                 | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |      3500 | NS      | $204155.00    | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Reliance Steel & Aluminum Co               | Reliance Steel & Aluminum Co.                                               | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      1100 | NS      | $222684.00    | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| ONEOK Inc                                  | ONEOK, Inc.                                                                 | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      5700 | NS      | $374490.00    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Hologic Inc                                | Hologic, Inc.                                                               | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |      3200 | NS      | $239392.00    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Old Republic International Corp            | Old Republic International Corp.                                            | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |      4200 | NS      | $101430.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Bristol-Myers Squibb Co                    | Bristol-Myers Squibb Co.                                                    | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     29200 | NS      | $2100940.00   | 1.59%             |  |  |  | No            | 1                  | On Loan: No      |
| American Express Co                        | American Express Co.                                                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     10300 | NS      | $1521825.00   | 1.15%             |  |  |  | No            | 1                  | On Loan: No      |
| CH Robinson Worldwide Inc                  | CH Robinson Worldwide, Inc.                                                 | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      1700 | NS      | $155652.00    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| RenaissanceRe Holdings Ltd                 | RenaissanceRe Holdings Ltd.                                                 | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |       600 | NS      | $110538.00    | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| National Fuel Gas Co                       | National Fuel Gas Co.                                                       | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      1100 | NS      | $69630.00     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Public Service Enterprise Group Inc        | Public Service Enterprise Group, Inc.                                       | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |      9300 | NS      | $569811.00    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Arrow Electronics Inc                      | Arrow Electronics, Inc.                                                     | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |      1300 | NS      | $135941.00    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Gilead Sciences Inc                        | Gilead Sciences, Inc.                                                       | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     15900 | NS      | $1365015.00   | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| SEI Investments Co                         | SEI Investments Co.                                                         | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |      2000 | NS      | $116600.00    | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips                                                              | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     17100 | NS      | $2017800.00   | 1.53%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2023-01-17

**Name of Applicant:** M FUND INC

**Signature:** Hannah Hasbrook

**Name of Signer:** Hannah Hasbrook

**Title:** M Fund Administration Manager