# EDGAR Filing Document

**Accession Number:** 0000744822
**File Stem:** 0000035402-25-000838
**Filing Date:** 2025-9
**Character Count:** 138684
**Document Hash:** 5a36287de2519bf9d62133eed1073882
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-25-000838.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000035402-25-000838

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0000744822

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04008
- **FILM NUMBER:** 251349398

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY OVERSEAS FUND
- **DATE OF NAME CHANGE:** 19861228

## Series and Classes Contracts Data

### Fidelity Series International Small Cap Fund (Series ID: S000026868)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000080866 | Fidelity Series International Small Cap Fund | FSTSX           |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Series International Small Cap Fund**

**July 31, 2025**

SCF-S-NPRT3-0925

1.907962.115 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 98.2%** | &nbsp;&nbsp;**Common Stocks - 98.2%** | &nbsp;&nbsp;**Common Stocks - 98.2%** |
|  | Shares | Value ($)<br>|
| AUSTRALIA - 2.7%  |  |  |
| Energy - 0.3% |  |  |
| Oil, Gas & Consumable Fuels - 0.3% |  |  |
| Whitehaven Coal Ltd  | 2425000 | 9945654 |
| Financials - 1.3% |  |  |
| Financial Services - 0.1% |  |  |
| Cuscal Ltd (a) | 1500000 | 2953124 |
| Insurance - 1.2% |  |  |
| nib holdings Ltd/Australia  | 1204263 | 5717555 |
| Steadfast Group Ltd  | 10359645 | 39427597 |
|  |  | 45145152 |
| TOTAL FINANCIALS |  | 48098276 |
| Industrials - 0.0% |  |  |
| Aerospace & Defense - 0.0% |  |  |
| DroneShield Ltd (a)(b) | 1483347 | 3545815 |
| Materials - 0.8% |  |  |
| Metals & Mining - 0.8% |  |  |
| Imdex Ltd  | 15535232 | 30166317 |
| Real Estate - 0.3% |  |  |
| Specialized REITs - 0.3% |  |  |
| National Storage REIT unit  | 6250000 | 9583504 |
| TOTAL AUSTRALIA |  | 101339566 |
| AUSTRIA - 0.0%  |  |  |
| Information Technology - 0.0% |  |  |
| Electronic Equipment, Instruments & Components - 0.0% |  |  |
| AT&S Austria Technologie & Systemtechnik AG (a)(c) | 140000 | 2834283 |
| BAILIWICK OF JERSEY - 0.7%  |  |  |
| Financials - 0.7% |  |  |
| Capital Markets - 0.7% |  |  |
| JTC PLC (b)(d) | 2240000 | 27778024 |
| BELGIUM - 2.1%  |  |  |
| Financials - 1.7% |  |  |
| Banks - 1.7% |  |  |
| KBC Ancora  | 863579 | 62974495 |
| Health Care - 0.2% |  |  |
| Health Care Equipment & Supplies - 0.0% |  |  |
| Ion Beam Applications (c) | 170000 | 2355209 |
| Health Care Providers & Services - 0.2% |  |  |
| Fagron  | 257500 | 6391433 |
| TOTAL HEALTH CARE |  | 8746642 |
| Industrials - 0.2% |  |  |
| Trading Companies & Distributors - 0.2% |  |  |
| Azelis Group NV  | 438500 | 6845694 |
| Real Estate - 0.0% |  |  |
| Industrial REITs - 0.0% |  |  |
| Warehouses De Pauw CVA  | 138500 | 3243313 |
| TOTAL BELGIUM |  | 81810144 |
| CANADA - 3.9%  |  |  |
| Consumer Discretionary - 0.1% |  |  |
| Hotels, Restaurants & Leisure - 0.1% |  |  |
| Mty Food Group Inc  | 117800 | 3282519 |
| Energy - 0.6% |  |  |
| Energy Equipment & Services - 0.3% |  |  |
| Pason Systems Inc  | 651500 | 5496561 |
| TerraVest Industries Inc  | 42000 | 5174827 |
|  |  | 10671388 |
| Oil, Gas & Consumable Fuels - 0.3% |  |  |
| South Bow Corp  | 500000 | 13131495 |
| TOTAL ENERGY |  | 23802883 |
| Industrials - 1.2% |  |  |
| Trading Companies & Distributors - 1.2% |  |  |
| Richelieu Hardware Ltd  | 1753920 | 43885975 |
| Information Technology - 0.8% |  |  |
| Software - 0.8% |  |  |
| Lumine Group Inc Subordinate Voting Shares (a)(b) | 785000 | 30451609 |
| Materials - 1.1% |  |  |
| Metals & Mining - 1.1% |  |  |
| OR Royalties Inc  | 1534700 | 42509949 |
| Real Estate - 0.1% |  |  |
| Real Estate Management & Development - 0.1% |  |  |
| Real Matters Inc (a) | 950000 | 3489824 |
| TOTAL CANADA |  | 147422759 |
| CHINA - 0.4%  |  |  |
| Consumer Staples - 0.2% |  |  |
| Personal Care Products - 0.2% |  |  |
| Chlitina Holding Ltd  | 2306670 | 7839659 |
| Health Care - 0.2% |  |  |
| Biotechnology - 0.1% |  |  |
| Zai Lab Ltd (a) | 850000 | 3211354 |
| Pharmaceuticals - 0.1% |  |  |
| Consun Pharmaceutical Group Ltd  | 3000000 | 5262040 |
| TOTAL HEALTH CARE |  | 8473394 |
| TOTAL CHINA |  | 16313053 |
| DENMARK - 0.1%  |  |  |
| Consumer Staples - 0.1% |  |  |
| Beverages - 0.1% |  |  |
| Royal Unibrew A/S  | 38600 | 2892897 |
| EGYPT - 0.1%  |  |  |
| Health Care - 0.1% |  |  |
| Health Care Providers & Services - 0.1% |  |  |
| Integrated Diagnostics Holdings PLC (a)(b)(d) | 15331734 | 5442766 |
| FRANCE - 3.7%  |  |  |
| Consumer Discretionary - 0.0% |  |  |
| Specialty Retail - 0.0% |  |  |
| Aramis Group Sas (a)(b)(d) | 99055 | 607033 |
| Maisons du Monde SA (a)(b)(d) | 259100 | 654942 |
|  |  | 1261975 |
| Consumer Staples - 0.3% |  |  |
| Beverages - 0.3% |  |  |
| Laurent-Perrier  | 97649 | 10564231 |
| Energy - 0.3% |  |  |
| Energy Equipment & Services - 0.3% |  |  |
| Vallourec SACA  | 594300 | 11112555 |
| Health Care - 0.6% |  |  |
| Pharmaceuticals - 0.6% |  |  |
| Vetoquinol SA  | 263180 | 23186327 |
| Industrials - 2.0% |  |  |
| Aerospace & Defense - 0.7% |  |  |
| LISI SA  | 464692 | 25136529 |
| Commercial Services & Supplies - 0.3% |  |  |
| Elis SA  | 420000 | 11618329 |
| Ground Transportation - 0.3% |  |  |
| Stef SA  | 75000 | 11332116 |
| Machinery - 0.5% |  |  |
| Exail Technologies SA (a) | 142700 | 19313920 |
| Trading Companies & Distributors - 0.2% |  |  |
| Thermador Groupe  | 90600 | 8457524 |
| TOTAL INDUSTRIALS |  | 75858418 |
| Information Technology - 0.4% |  |  |
| Software - 0.4% |  |  |
| Lectra  | 599165 | 16718106 |
| Real Estate - 0.1% |  |  |
| Industrial REITs - 0.1% |  |  |
| ARGAN SA  | 45000 | 3384229 |
| TOTAL FRANCE |  | 142085841 |
| GERMANY - 5.6%  |  |  |
| Communication Services - 2.9% |  |  |
| Entertainment - 2.0% |  |  |
| CTS Eventim AG & Co KGaA  | 656834 | 74395712 |
| Interactive Media & Services - 0.9% |  |  |
| Scout24 SE (b)(d) | 260500 | 34900977 |
| TOTAL COMMUNICATION SERVICES |  | 109296689 |
| Consumer Discretionary - 1.5% |  |  |
| Specialty Retail - 1.5% |  |  |
| Auto1 Group SE (a)(b)(d) | 1292100 | 39075430 |
| Fielmann Group AG  | 255300 | 16198969 |
|  |  | 55274399 |
| Industrials - 1.2% |  |  |
| Aerospace & Defense - 0.7% |  |  |
| Montana Aerospace Ag (a)(b)(d) | 120000 | 4195752 |
| Rheinmetall AG  | 11800 | 23358081 |
|  |  | 27553833 |
| Machinery - 0.5% |  |  |
| Norma Group SE  | 107000 | 1902449 |
| Stabilus SE  | 541950 | 15616452 |
|  |  | 17518901 |
| TOTAL INDUSTRIALS |  | 45072734 |
| Information Technology - 0.0% |  |  |
| IT Services - 0.0% |  |  |
| Bechtle AG  | 66200 | 2887423 |
| TOTAL GERMANY |  | 212531245 |
| GREECE - 0.3%  |  |  |
| Industrials - 0.3% |  |  |
| Transportation Infrastructure - 0.3% |  |  |
| Athens International Airport SA  | 897400 | 10241129 |
| HUNGARY - 0.1%  |  |  |
| Health Care - 0.1% |  |  |
| Pharmaceuticals - 0.1% |  |  |
| Richter Gedeon Nyrt  | 151700 | 4553341 |
| INDONESIA - 0.2%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Automobile Components - 0.2% |  |  |
| Selamat Sempurna Tbk PT  | 51800000 | 6238875 |
| IRELAND - 1.4%  |  |  |
| Consumer Discretionary - 0.3% |  |  |
| Household Durables - 0.3% |  |  |
| Cairn Homes PLC  | 5041234 | 12516487 |
| Industrials - 0.8% |  |  |
| Machinery - 0.0% |  |  |
| Mincon Group Plc  | 3809284 | 1608447 |
| Trading Companies & Distributors - 0.8% |  |  |
| AerCap Holdings NV  | 246000 | 26383500 |
| TOTAL INDUSTRIALS |  | 27991947 |
| Real Estate - 0.3% |  |  |
| Residential REITs - 0.3% |  |  |
| Irish Residential Properties Reit PLC  | 10949300 | 12195453 |
| TOTAL IRELAND |  | 52703887 |
| ISRAEL - 1.9%  |  |  |
| Energy - 0.1% |  |  |
| Oil, Gas & Consumable Fuels - 0.1% |  |  |
| Energean PLC (c) | 391300 | 4731033 |
| Financials - 0.8% |  |  |
| Capital Markets - 0.8% |  |  |
| Tel Aviv Stock Exchange Ltd  | 1599457 | 30290535 |
| Information Technology - 1.0% |  |  |
| Communications Equipment - 0.9% |  |  |
| Ituran Location and Control Ltd  | 778735 | 30760033 |
| Semiconductors & Semiconductor Equipment - 0.1% |  |  |
| Camtek Ltd/Israel (a)(c) | 51904 | 4886761 |
| TOTAL INFORMATION TECHNOLOGY |  | 35646794 |
| TOTAL ISRAEL |  | 70668362 |
| ITALY - 2.9%  |  |  |
| Consumer Staples - 0.1% |  |  |
| Beverages - 0.1% |  |  |
| Davide Campari-Milano NV (c) | 378900 | 2620348 |
| Financials - 0.4% |  |  |
| Capital Markets - 0.1% |  |  |
| Banca Generali SpA  | 72400 | 4051826 |
| Financial Services - 0.3% |  |  |
| BFF Bank SpA (a)(b)(d) | 529000 | 6296537 |
| Generalfinance Spa  | 245000 | 4641260 |
|  |  | 10937797 |
| TOTAL FINANCIALS |  | 14989623 |
| Health Care - 0.0% |  |  |
| Health Care Equipment & Supplies - 0.0% |  |  |
| GVS SpA (a)(b)(d) | 455600 | 2550260 |
| Industrials - 2.4% |  |  |
| Commercial Services & Supplies - 0.2% |  |  |
| doValue SpA (a)(b)(c)(d) | 2973714 | 8870877 |
| Machinery - 2.1% |  |  |
| Interpump Group SpA  | 1926137 | 79043948 |
| Passenger Airlines - 0.1% |  |  |
| Wizz Air Holdings Plc (a)(b)(d) | 120000 | 1996823 |
| TOTAL INDUSTRIALS |  | 89911648 |
| TOTAL ITALY |  | 110071879 |
| JAPAN - 30.8%  |  |  |
| Consumer Discretionary - 5.2% |  |  |
| Broadline Retail - 0.0% |  |  |
| ASKUL Corp  | 23400 | 233715 |
| Distributors - 0.2% |  |  |
| Central Automotive Products Ltd  | 692337 | 8840213 |
| Diversified Consumer Services - 0.4% |  |  |
| Aucnet Inc  | 1415620 | 15808491 |
| Hotels, Restaurants & Leisure - 3.2% |  |  |
| Curves Holdings Co Ltd (e) | 5499859 | 27162537 |
| Gift Holdings Inc (c) | 696900 | 16048735 |
| Koshidaka Holdings Co Ltd (e) | 5252659 | 47457872 |
| Kyoritsu Maintenance Co Ltd  | 213200 | 5133048 |
| Monogatari Corp/The  | 925488 | 24020859 |
|  |  | 119823051 |
| Leisure Products - 0.2% |  |  |
| Yonex Co Ltd  | 315000 | 6185165 |
| Specialty Retail - 1.2% |  |  |
| Intermestic Inc (c) | 300000 | 3825198 |
| JINS Holdings Inc (c) | 65300 | 3462308 |
| USS Co Ltd  | 3661400 | 39795363 |
|  |  | 47082869 |
| TOTAL CONSUMER DISCRETIONARY |  | 197973504 |
| Consumer Staples - 2.3% |  |  |
| Consumer Staples Distribution & Retail - 1.6% |  |  |
| Belc Co Ltd  | 130000 | 6219282 |
| Daikokutenbussan Co Ltd  | 236400 | 11228818 |
| Kato Sangyo Co Ltd  | 110000 | 4175300 |
| Kusuri no Aoki Holdings Co Ltd  | 609274 | 16217664 |
| Qol Holdings Co Ltd  | 510000 | 6825749 |
| YAKUODO Holdings Co Ltd  | 918800 | 14023701 |
| Yaoko Co Ltd  | 60500 | 3915403 |
|  |  | 62605917 |
| Food Products - 0.3% |  |  |
| Iwatsuka Confectionery Co Ltd  | 211600 | 4144921 |
| Kewpie Corp  | 103200 | 2820242 |
| Kotobuki Spirits Co Ltd  | 312900 | 4175229 |
|  |  | 11140392 |
| Household Products - 0.1% |  |  |
| Transaction Co Ltd  | 140900 | 2443977 |
| Personal Care Products - 0.3% |  |  |
| Artnature Inc  | 1124900 | 5973745 |
| Rohto Pharmaceutical Co Ltd  | 350000 | 4995934 |
|  |  | 10969679 |
| TOTAL CONSUMER STAPLES |  | 87159965 |
| Energy - 0.7% |  |  |
| Oil, Gas & Consumable Fuels - 0.7% |  |  |
| Itochu Enex Co Ltd  | 220700 | 2963101 |
| Iwatani Corp  | 620000 | 6521401 |
| San-Ai Obbli Co Ltd  | 1198872 | 16160573 |
|  |  | 25645075 |
| Financials - 1.9% |  |  |
| Banks - 1.9% |  |  |
| Chiba Bank Ltd/The  | 1601900 | 14930846 |
| Hachijuni Bank Ltd/The  | 1980100 | 17814276 |
| Hokuhoku Financial Group Inc  | 1347800 | 28468839 |
| Kyoto Financial Group Inc  | 711612 | 12873587 |
|  |  | 74087548 |
| Health Care - 1.9% |  |  |
| Health Care Equipment & Supplies - 1.3% |  |  |
| Asahi Intecc Co Ltd  | 257600 | 4008794 |
| Medikit Co Ltd  | 658800 | 11173066 |
| Nagaileben Co Ltd  | 1528000 | 22138764 |
| Paramount Bed Holdings Co Ltd  | 426612 | 6999686 |
| Techno Medica Co Ltd  | 283000 | 3510280 |
|  |  | 47830590 |
| Health Care Providers & Services - 0.1% |  |  |
| As One Corp  | 299500 | 4706568 |
| Health Care Technology - 0.5% |  |  |
| M3 Inc  | 200000 | 2459760 |
| Software Service Inc  | 164100 | 14769320 |
|  |  | 17229080 |
| Pharmaceuticals - 0.0% |  |  |
| Santen Pharmaceutical Co Ltd  | 400000 | 4419567 |
| TOTAL HEALTH CARE |  | 74185805 |
| Industrials - 8.0% |  |  |
| Building Products - 0.1% |  |  |
| Nichias Corp  | 116900 | 4472645 |
| Commercial Services & Supplies - 1.9% |  |  |
| CTS Co Ltd  | 500000 | 2895122 |
| Daiei Kankyo Co Ltd  | 796100 | 16403970 |
| Japan Elevator Service Holdings Co Ltd  | 1239800 | 33097110 |
| Park24 Co Ltd  | 600000 | 7577039 |
| Prestige International Inc  | 1089100 | 4738307 |
| Pronexus Inc  | 1122177 | 8425369 |
|  |  | 73136917 |
| Construction & Engineering - 0.9% |  |  |
| SHO-BOND Holdings Co Ltd  | 1108800 | 35403912 |
| Electrical Equipment - 0.4% |  |  |
| Fuji Electric Co Ltd  | 180000 | 8949281 |
| SWCC Corp  | 132100 | 7908167 |
|  |  | 16857448 |
| Machinery - 2.5% |  |  |
| DMG Mori Co Ltd  | 174900 | 4041453 |
| Ebara Corp  | 275000 | 5021729 |
| Fujitec Co Ltd  | 497800 | 18426364 |
| IHI Corp  | 21400 | 2383035 |
| Japan Steel Works Ltd/The  | 53600 | 3305919 |
| Kawasaki Heavy Industries Ltd  | 56000 | 4089851 |
| Mitsuboshi Belting Ltd  | 272952 | 6501805 |
| Moriya Transportation Engineering & Manufacturing Co Ltd  | 330500 | 9059500 |
| NS Tool Co Ltd (e) | 1444000 | 7420315 |
| Sumitomo Heavy Industries Ltd  | 200000 | 4429309 |
| Takeuchi Manufacturing Co Ltd  | 190400 | 6806055 |
| Tocalo Co Ltd  | 1479649 | 19799511 |
|  |  | 91284846 |
| Professional Services - 2.0% |  |  |
| BayCurrent Inc  | 199500 | 11455299 |
| Funai Soken Holdings Inc  | 455457 | 7168987 |
| MEITEC Group Holdings Inc  | 144000 | 3012135 |
| Timee Inc (a)(c) | 1788400 | 23833552 |
| Visional Inc (a) | 373500 | 29194824 |
|  |  | 74664797 |
| Trading Companies & Distributors - 0.2% |  |  |
| Inaba Denki Sangyo Co Ltd  | 147800 | 3875978 |
| Mitani Corp  | 325400 | 4767096 |
|  |  | 8643074 |
| TOTAL INDUSTRIALS |  | 304463639 |
| Information Technology - 8.0% |  |  |
| Electronic Equipment, Instruments & Components - 3.5% |  |  |
| Ai Holdings Corp  | 376292 | 6022886 |
| Azbil Corp  | 10863460 | 101512577 |
| Dexerials Corp  | 306900 | 4437051 |
| Hamamatsu Photonics KK  | 250000 | 3051273 |
| Ibiden Co Ltd  | 159100 | 6728522 |
| Maruwa Co Ltd/Aichi  | 20700 | 6239345 |
| Rigaku Holdings Corp (c) | 750000 | 3827711 |
|  |  | 131819365 |
| IT Services - 2.2% |  |  |
| Digital Hearts Holdings Co Ltd  | 95350 | 605719 |
| NSD Co Ltd  | 1714580 | 41009511 |
| Obic Co Ltd  | 398000 | 14169829 |
| Softcreate Holdings Corp  | 200000 | 2965474 |
| TIS Inc  | 829836 | 26473363 |
|  |  | 85223896 |
| Semiconductors & Semiconductor Equipment - 0.4% |  |  |
| Shibaura Mechatronics Corp  | 171400 | 12062209 |
| SUMCO Corp  | 600000 | 4692480 |
|  |  | 16754689 |
| Software - 1.7% |  |  |
| Broadleaf Co Ltd  | 3405173 | 17194429 |
| m-up Holdings Inc  | 1235939 | 17224962 |
| Miroku Jyoho Service Co Ltd  | 518891 | 6473908 |
| Systena Corp  | 3000000 | 7946933 |
| WingArc1st Inc  | 589436 | 14098157 |
|  |  | 62938389 |
| Technology Hardware, Storage & Peripherals - 0.2% |  |  |
| MCJ Co Ltd  | 734500 | 6828482 |
| TOTAL INFORMATION TECHNOLOGY |  | 303564821 |
| Materials - 1.7% |  |  |
| Chemicals - 1.6% |  |  |
| Air Water Inc (Osaka)  | 325000 | 4801130 |
| Kuraray Co Ltd  | 429900 | 5315059 |
| Nihon Parkerizing Co Ltd  | 1706118 | 15563396 |
| Osaka Soda Co Ltd (c) | 443900 | 5405753 |
| SK Kaken Co Ltd  | 496920 | 29860337 |
|  |  | 60945675 |
| Construction Materials - 0.1% |  |  |
| Maeda Kosen Co Ltd  | 340900 | 4300162 |
| TOTAL MATERIALS |  | 65245837 |
| Real Estate - 1.0% |  |  |
| Real Estate Management & Development - 1.0% |  |  |
| Arealink Co Ltd  | 340000 | 5710893 |
| Goldcrest Co Ltd  | 1123700 | 24589040 |
| Katitas Co Ltd  | 200000 | 3353642 |
| Relo Group Inc  | 400000 | 4593284 |
|  |  | 38246859 |
| Utilities - 0.1% |  |  |
| Electric Utilities - 0.1% |  |  |
| Kansai Electric Power Co Inc/The  | 280000 | 3361804 |
| TOTAL JAPAN |  | 1173934857 |
| KOREA (SOUTH) - 0.4%  |  |  |
| Consumer Staples - 0.3% |  |  |
| Consumer Staples Distribution & Retail - 0.3% |  |  |
| BGF retail Co Ltd  | 157318 | 12665752 |
| Materials - 0.1% |  |  |
| Chemicals - 0.1% |  |  |
| Soulbrain Co Ltd  | 18000 | 3033944 |
| TOTAL KOREA (SOUTH) |  | 15699696 |
| NETHERLANDS - 4.2%  |  |  |
| Financials - 0.4% |  |  |
| Capital Markets - 0.4% |  |  |
| Van Lanschot Kempen NV depository receipt  | 244930 | 16016159 |
| Industrials - 2.5% |  |  |
| Construction & Engineering - 0.4% |  |  |
| Koninklijke Heijmans N.V depository receipt  | 215000 | 13740048 |
| Electrical Equipment - 0.1% |  |  |
| TKH Group NV depository receipt  | 117600 | 4852857 |
| Machinery - 1.8% |  |  |
| Aalberts NV (c) | 2149335 | 69071442 |
| Trading Companies & Distributors - 0.2% |  |  |
| IMCD NV  | 77666 | 8537077 |
| TOTAL INDUSTRIALS |  | 96201424 |
| Information Technology - 1.3% |  |  |
| Semiconductors & Semiconductor Equipment - 1.3% |  |  |
| BE Semiconductor Industries NV  | 360951 | 49059348 |
| TOTAL NETHERLANDS |  | 161276931 |
| NORWAY - 1.7%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Broadline Retail - 0.2% |  |  |
| Europris ASA (b)(d) | 794000 | 7472526 |
| Energy - 0.1% |  |  |
| Energy Equipment & Services - 0.1% |  |  |
| TGS ASA  | 400000 | 2959752 |
| Financials - 0.1% |  |  |
| Banks - 0.1% |  |  |
| SpareBank 1 SMN  | 304700 | 5677446 |
| Health Care - 0.2% |  |  |
| Health Care Equipment & Supplies - 0.2% |  |  |
| Medistim ASA  | 393375 | 8294636 |
| Industrials - 1.0% |  |  |
| Aerospace & Defense - 0.9% |  |  |
| Kongsberg Gruppen ASA  | 1049540 | 31444477 |
| Construction & Engineering - 0.1% |  |  |
| Norconsult Norge AS  | 1127500 | 4733042 |
| TOTAL INDUSTRIALS |  | 36177519 |
| Real Estate - 0.1% |  |  |
| Real Estate Management & Development - 0.1% |  |  |
| Selvaag Bolig ASA  | 840200 | 3006896 |
| TOTAL NORWAY |  | 63588775 |
| PHILIPPINES - 0.6%  |  |  |
| Industrials - 0.6% |  |  |
| Transportation Infrastructure - 0.6% |  |  |
| International Container Terminal Services Inc  | 3170000 | 24382581 |
| POLAND - 0.2%  |  |  |
| Information Technology - 0.2% |  |  |
| IT Services - 0.1% |  |  |
| Sygnity SA (a) | 79616 | 2485643 |
| Software - 0.1% |  |  |
| Asseco Poland SA  | 90000 | 4870382 |
| TOTAL POLAND |  | 7356025 |
| SINGAPORE - 0.3%  |  |  |
| Industrials - 0.3% |  |  |
| Construction & Engineering - 0.3% |  |  |
| Boustead Singapore Ltd  | 9400000 | 11209673 |
| SPAIN - 1.0%  |  |  |
| Consumer Discretionary - 0.2% |  |  |
| Automobile Components - 0.1% |  |  |
| CIE Automotive SA  | 120000 | 3608474 |
| Household Durables - 0.1% |  |  |
| Neinor Homes SA (b)(d) | 152500 | 2972484 |
| TOTAL CONSUMER DISCRETIONARY |  | 6580958 |
| Health Care - 0.1% |  |  |
| Health Care Providers & Services - 0.1% |  |  |
| Clinica Baviera SA  | 95000 | 4737692 |
| Industrials - 0.6% |  |  |
| Air Freight & Logistics - 0.1% |  |  |
| Logista Integral SA  | 154600 | 4897683 |
| Commercial Services & Supplies - 0.1% |  |  |
| Befesa SA (b)(d) | 140000 | 4214680 |
| Machinery - 0.4% |  |  |
| Fluidra SA  | 574020 | 14385374 |
| TOTAL INDUSTRIALS |  | 23497737 |
| Materials - 0.1% |  |  |
| Containers & Packaging - 0.1% |  |  |
| Vidrala SA  | 36600 | 3947068 |
| TOTAL SPAIN |  | 38763455 |
| SWEDEN - 10.3%  |  |  |
| Consumer Discretionary - 1.2% |  |  |
| Automobile Components - 0.6% |  |  |
| Autoliv Inc  | 160900 | 17948395 |
| Dometic Group AB (d) | 701300 | 3559066 |
|  |  | 21507461 |
| Broadline Retail - 0.2% |  |  |
| Rusta AB  | 1050000 | 8221519 |
| Hotels, Restaurants & Leisure - 0.2% |  |  |
| Betsson AB B Shares  | 450000 | 7635416 |
| Household Durables - 0.1% |  |  |
| JM AB  | 315300 | 4528557 |
| Specialty Retail - 0.1% |  |  |
| BHG Group AB (a) | 2241400 | 5339474 |
| TOTAL CONSUMER DISCRETIONARY |  | 47232427 |
| Consumer Staples - 0.2% |  |  |
| Consumer Staples Distribution & Retail - 0.2% |  |  |
| Apotea Sverige AB (c) | 750000 | 8773910 |
| Health Care - 0.5% |  |  |
| Health Care Equipment & Supplies - 0.1% |  |  |
| Surgical Science Sweden AB (a) | 190000 | 2872538 |
| Life Sciences Tools & Services - 0.4% |  |  |
| AddLife AB B Shares  | 930523 | 16435113 |
| TOTAL HEALTH CARE |  | 19307651 |
| Industrials - 5.0% |  |  |
| Aerospace & Defense - 0.6% |  |  |
| INVISIO AB  | 683872 | 22180388 |
| Machinery - 0.2% |  |  |
| Beijer Alma AB B Shares  | 263600 | 7108859 |
| Trading Companies & Distributors - 4.2% |  |  |
| AddTech AB B Shares  | 3057896 | 103083044 |
| Bergman & Beving AB B Shares  | 1701876 | 54763229 |
|  |  | 157846273 |
| TOTAL INDUSTRIALS |  | 187135520 |
| Information Technology - 2.8% |  |  |
| Electronic Equipment, Instruments & Components - 2.8% |  |  |
| Lagercrantz Group AB B Shares  | 4655199 | 108328456 |
| Materials - 0.2% |  |  |
| Chemicals - 0.2% |  |  |
| Kb Components Ab  | 900000 | 4642848 |
| Metals & Mining - 0.0% |  |  |
| Alleima AB  | 200000 | 1416860 |
| TOTAL MATERIALS |  | 6059708 |
| Real Estate - 0.4% |  |  |
| Real Estate Management & Development - 0.4% |  |  |
| John Mattson Fastighetsforetagen AB (a) | 2434706 | 15320672 |
| TOTAL SWEDEN |  | 392158344 |
| SWITZERLAND - 0.2%  |  |  |
| Financials - 0.1% |  |  |
| Capital Markets - 0.1% |  |  |
| VZ Holding AG  | 25092 | 5331953 |
| Health Care - 0.1% |  |  |
| Life Sciences Tools & Services - 0.1% |  |  |
| Tecan Group AG  | 11910 | 2375402 |
| TOTAL SWITZERLAND |  | 7707355 |
| TAIWAN - 1.0%  |  |  |
| Communication Services - 0.5% |  |  |
| Interactive Media & Services - 0.5% |  |  |
| Addcn Technology Co Ltd (e) | 3559432 | 20895114 |
| Information Technology - 0.5% |  |  |
| Semiconductors & Semiconductor Equipment - 0.5% |  |  |
| eMemory Technology Inc  | 258000 | 17425783 |
| TOTAL TAIWAN |  | 38320897 |
| UNITED KINGDOM - 19.9%  |  |  |
| Communication Services - 2.9% |  |  |
| Diversified Telecommunication Services - 0.7% |  |  |
| Zegona Communications plc (a) | 2435000 | 28556151 |
| Interactive Media & Services - 2.1% |  |  |
| Baltic Classifieds Group PLC  | 11652600 | 55092642 |
| Rightmove PLC  | 2199463 | 23778045 |
|  |  | 78870687 |
| Media - 0.1% |  |  |
| 4imprint Group PLC  | 51800 | 2459328 |
| TOTAL COMMUNICATION SERVICES |  | 109886166 |
| Consumer Discretionary - 4.1% |  |  |
| Distributors - 0.1% |  |  |
| Inchcape PLC  | 610300 | 5658069 |
| Hotels, Restaurants & Leisure - 1.7% |  |  |
| Dp Poland PLC (a) | 42210188 | 5713851 |
| InterContinental Hotels Group PLC ADR  | 442800 | 51435648 |
| J D Wetherspoon PLC  | 237500 | 2361817 |
| On the Beach Group PLC (b)(d) | 1801700 | 6424421 |
|  |  | 65935737 |
| Household Durables - 0.2% |  |  |
| Berkeley Group Holdings PLC  | 64188 | 3086919 |
| Vistry Group PLC (a) | 409700 | 3156604 |
|  |  | 6243523 |
| Leisure Products - 1.9% |  |  |
| Games Workshop Group PLC  | 326942 | 70336304 |
| Specialty Retail - 0.1% |  |  |
| Pets at Home Group Plc  | 1341900 | 4054748 |
| Textiles, Apparel & Luxury Goods - 0.1% |  |  |
| Burberry Group PLC (a) | 246800 | 4186442 |
| TOTAL CONSUMER DISCRETIONARY |  | 156414823 |
| Consumer Staples - 0.1% |  |  |
| Food Products - 0.1% |  |  |
| Premier Foods PLC  | 2015400 | 5131638 |
| Financials - 0.8% |  |  |
| Capital Markets - 0.5% |  |  |
| Petershill Partners PLC (b)(d) | 772500 | 2397475 |
| St James's Place PLC  | 746700 | 12903503 |
|  |  | 15300978 |
| Financial Services - 0.1% |  |  |
| Enity Holding AB  | 630000 | 5264990 |
| Insurance - 0.2% |  |  |
| Lancashire Holdings Ltd  | 661924 | 5472304 |
| Sabre Insurance Group PLC (b)(d) | 1994547 | 4030170 |
|  |  | 9502474 |
| TOTAL FINANCIALS |  | 30068442 |
| Industrials - 5.9% |  |  |
| Aerospace & Defense - 0.3% |  |  |
| Avon Technologies PLC  | 449600 | 12558114 |
| Air Freight & Logistics - 0.1% |  |  |
| Ferrari Group PLC  | 450000 | 4924849 |
| Industrial Conglomerates - 0.4% |  |  |
| DCC PLC  | 230000 | 14458476 |
| Machinery - 1.7% |  |  |
| Bodycote PLC  | 5504561 | 46270995 |
| IMI PLC  | 170800 | 5012099 |
| Judges Scientific PLC (c) | 50000 | 3961950 |
| Rotork PLC  | 782600 | 3365208 |
| Spirax Group PLC  | 59897 | 5019084 |
|  |  | 63629336 |
| Marine Transportation - 0.4% |  |  |
| Clarkson PLC  | 305634 | 13945608 |
| Professional Services - 0.1% |  |  |
| GlobalData PLC (c) | 2200000 | 4111183 |
| Trading Companies & Distributors - 2.9% |  |  |
| Diploma PLC  | 503800 | 35795479 |
| Howden Joinery Group PLC  | 5622682 | 65345236 |
| RS GROUP PLC  | 1197500 | 8840464 |
|  |  | 109981179 |
| TOTAL INDUSTRIALS |  | 223608745 |
| Information Technology - 3.3% |  |  |
| Electronic Equipment, Instruments & Components - 2.7% |  |  |
| Oxford Instruments PLC  | 525000 | 12591077 |
| Spectris PLC  | 1658100 | 87371814 |
|  |  | 99962891 |
| IT Services - 0.1% |  |  |
| Softcat PLC  | 246245 | 5310573 |
| Software - 0.5% |  |  |
| Pinewood Technologies Group PLC (a) | 1096940 | 6997094 |
| Sage Group PLC/The  | 790000 | 12728425 |
|  |  | 19725519 |
| TOTAL INFORMATION TECHNOLOGY |  | 124998983 |
| Materials - 1.5% |  |  |
| Chemicals - 0.0% |  |  |
| Synthomer PLC (a)(c) | 2152695 | 2331224 |
| Construction Materials - 1.0% |  |  |
| SigmaRoc PLC (a) | 24175473 | 36844149 |
| Metals & Mining - 0.5% |  |  |
| Hill & Smith PLC  | 675514 | 18243804 |
| TOTAL MATERIALS |  | 57419177 |
| Real Estate - 1.3% |  |  |
| Real Estate Management & Development - 0.3% |  |  |
| Grainger PLC  | 1156700 | 3139209 |
| LSL Property Services PLC  | 690700 | 2709154 |
| Savills PLC  | 369600 | 4778619 |
|  |  | 10626982 |
| Residential REITs - 0.7% |  |  |
| UNITE Group PLC/The  | 2462674 | 24343693 |
| Retail REITs - 0.2% |  |  |
| Shaftesbury Capital PLC  | 4250000 | 8879390 |
| Specialized REITs - 0.1% |  |  |
| Big Yellow Group PLC (The)  | 450000 | 5562578 |
| TOTAL REAL ESTATE |  | 49412643 |
| TOTAL UNITED KINGDOM |  | 756940617 |
| UNITED STATES - 1.5%  |  |  |
| Consumer Staples - 0.6% |  |  |
| Consumer Staples Distribution & Retail - 0.6% |  |  |
| PriceSmart Inc  | 209112 | 22479540 |
| Financials - 0.6% |  |  |
| Capital Markets - 0.6% |  |  |
| Morningstar Inc  | 81246 | 22461269 |
| Health Care - 0.1% |  |  |
| Biotechnology - 0.1% |  |  |
| Legend Biotech Corp ADR (a) | 120000 | 4688400 |
| Materials - 0.2% |  |  |
| Metals & Mining - 0.2% |  |  |
| Ramaco Resources Inc Class A (c) | 425000 | 8648750 |
| TOTAL UNITED STATES |  | 58277959 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $2,501,876,714) |  | <br> **3744545216** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Convertible Preferred Stocks - 0.1%** | &nbsp;&nbsp;**Convertible Preferred Stocks - 0.1%** | &nbsp;&nbsp;**Convertible Preferred Stocks - 0.1%** |
|  | Shares | Value ($)<br>|
| CANADA - 0.1%  |  |  |
| Information Technology - 0.1% |  |  |
| Software - 0.1% |  |  |
| Valsoft Corp Series A-1.2 (f)(g) | 283 | 2934235 |
| Valsoft Corp Series A-1.3 (f)(g) | 100 | 1036831 |
| Valsoft Corp Series A-1.4 (f)(g) | 130 | 1347882 |
| <br> **TOTAL CONVERTIBLE PREFERRED STOCKS**<br> (Cost $6,018,658) |  | <br> **5318948** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 2.3%** | &nbsp;&nbsp;**Money Market Funds - 2.3%** | &nbsp;&nbsp;**Money Market Funds - 2.3%** | &nbsp;&nbsp;**Money Market Funds - 2.3%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Cash Central Fund (h) | 4.33 | 64247225 | 64260075 |
| Fidelity Securities Lending Cash Central Fund (h)(i) | 4.33 | 21604221 | 21606381 |
| <br> **TOTAL MONEY MARKET FUNDS**<br> (Cost $85,865,562) |  |  | **85866456** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 100.6%**<br> (Cost $2,593,760,934)<br>| <br>**3835730620** |
| **NET OTHER ASSETS (LIABILITIES) - (0.6)%**  | **(24399499)** |
| **NET ASSETS - 100.0%** | **3811331121** |

---

**Legend**

(a) Non-income producing.

(b) Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $193,878,601 or 5.1% of net assets.

(c) Security or a portion of the security is on loan at period end.

(d) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $163,440,243 or 4.3% of net assets.

(e) Affiliated company

(f) Level 3 security

(g) Restricted securities (including private placements) - Investment in securities not registered under the Securities Act of 1933 (excluding 144A issues). At the end of the period, the value of restricted securities (excluding 144A issues) amounted to $5,318,948 or 0.1% of net assets.

(h) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(i) Investment made with cash collateral received from securities on loan.

---

| | | |
|:---|:---|:---|
| Additional information on each restricted holding is as follows: | Additional information on each restricted holding is as follows: | Additional information on each restricted holding is as follows: |
| Security | Acquisition Date | Acquisition Cost ($)<br>|
| Valsoft Corp Series A-1.2 | 3/14/25 | 3314980 |
| Valsoft Corp Series A-1.3 | 3/17/25 | 992687 |
| Valsoft Corp Series A-1.4 | 3/17/25 | 1710991 |

---

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 105739573 | 1192994012 | 1234473510 | 2065699 | - | - | 64260075 | 64247225 | 0.1% |
| Fidelity Securities Lending Cash Central Fund | 28491024 | 685569926 | 692454569 | 642876 | - | - | 21606381 | 21604221 | 0.1% |
| Total | 134230597 | 1878563938 | 1926928079 | 2708575 | - | - | 85866456 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Other Affiliated Issuers**

An affiliated company is a company in which the Fund has ownership of at least 5% of the voting securities. Fiscal year to date transactions with companies which are or were affiliates are presented in the table below. Certain corporate actions, such as mergers, are excluded from the amounts in this table if applicable. A dash in the Value end of period ($) and Shares end of period columns means either the issuer is no longer held at period end, or the issuer is held at period end but is no longer an affiliate.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  |
| Addcn Technology Co Ltd | 20624736 | - | - | 458240 | - | 270378 | 20895114 | 3559432 |
| Curves Holdings Co Ltd | 28078149 | 885514 | - | 264549 | - | (1801126) | 27162537 | 5499859 |
| Koshidaka Holdings Co Ltd | 41006495 | 184262 | - | 378987 | - | 6267115 | 47457872 | 5252659 |
| NS Tool Co Ltd | 6974922 | - | - | 130173 | - | 445393 | 7420315 | 1444000 |
| Total | 96684302 | 1069776 | - | 1231949 | - | 5181760 | 102935838 |  |

---

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Investment Trust

- **b. Investment Company Act file number:** 811-04008

- **c. CIK number of Registrant:** 0000744822

- **d. LEI of Registrant:** MXNTE4GH7BW81YELH558

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

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

- **b. EDGAR series identifier (if any):** S000026868

- **c. LEI of Series:** 5493001Q4PW224NCMU39

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $3850319849.78

**Total Liabilities:** $26081132.43

**Net Assets:** $3824238717.35

**Cash Not Reported:** $772135.40

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000080866 | 6.00%                | 5.87%                | -1.66%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $37544460.06             | $169530760.05                              |
| Month 2  | $41075162.59             | $168046775.18                              |
| Month 3  | $28717901.42             | $-94019988.16                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BOUSTEAD SINGAPORE LTD                                     | BOUSTEAD SINGAPORE LTD                                     | CUSIP: N/A<br>LEI: 254900VRXISFIBDS7X84       | Long             | EC               | CORP              | SG        |   9400000 | NS      | $11209672.60  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| AIR WATER INC (OSAKA)                                      | AIR WATER INC (OSAKA)                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    325000 | NS      | $4801130.38   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| BE SEMICONDUCTOR INDUSTRIES NV                             | BE SEMICOND INDUS NV (NETH)                                | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |    360951 | NS      | $49059348.32  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| FUJI ELECTRIC CO LTD                                       | FUJI ELECTRIC CO LTD                                       | CUSIP: N/A<br>LEI: 5299000HVNGZZTYYM906       | Long             | EC               | CORP              | JP        |    180000 | NS      | $8949280.32   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| TGS ASA                                                    | TGS ASA                                                    | CUSIP: N/A<br>LEI: 549300NUPLAXPB0WYH90       | Long             | EC               | CORP              | NO        |    400000 | NS      | $2959753.16   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| INVISIO AB                                                 | INVISIO AB                                                 | CUSIP: N/A<br>LEI: 54930054EB7KX3MY2Q11       | Long             | EC               | CORP              | SE        |    683872 | NS      | $22180387.67  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| KOSHIDAKA HOLDINGS CO LTD                                  | KOSHIDAKA HOLDINGS CO LTD                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   5252659 | NS      | $47457871.73  | 1.24%             |  |  |  | No            |                  2 | On Loan: No      |
| IWATANI CORP                                               | IWATANI CORP                                               | CUSIP: N/A<br>LEI: 353800TSKIDNENNV2L96       | Long             | EC               | CORP              | JP        |    620000 | NS      | $6521401.11   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| LUMINE GROUP INC                                           | LUMINE GROUP INC                                           | CUSIP: 55027C106<br>LEI: 984500E3C44B9D44M738 | Long             | EC               | CORP              | CA        |    785000 | NS      | $30451609.41  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| FUJITEC CO LTD                                             | FUJITEC CO LTD                                             | CUSIP: N/A<br>LEI: 353800YTI2P5MIZAV086       | Long             | EC               | CORP              | JP        |    567800 | NS      | $21017455.57  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| NAGAILEBEN CO LTD                                          | NAGAILEBEN CO LTD                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1528000 | NS      | $22138764.20  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| ARAMIS GROUP SAS                                           | ARAMIS GROUP                                               | CUSIP: N/A<br>LEI: 9695002Q984W0T41WB42       | Long             | EC               | CORP              | FR        |    100588 | NS      | $616427.81    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NICHIAS CORP                                               | NICHIAS CORP                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    116900 | NS      | $4472644.77   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ITOCHU ENEX CO LTD                                         | ITOCHU ENEX CO LTD                                         | CUSIP: N/A<br>LEI: 549300WO21DGCU3JY132       | Long             | EC               | CORP              | JP        |    220700 | NS      | $2963101.41   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SYNTHOMER PLC                                              | SYNTHOMER PLC                                              | CUSIP: N/A<br>LEI: 213800EHT3TI1KPQQJ56       | Long             | EC               | CORP              | GB        |   2152695 | NS      | $2331224.46   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| ROYAL UNIBREW AS                                           | ROYAL UNIBREW AS                                           | CUSIP: N/A<br>LEI: 529900D69KFL8IAP8Q63       | Long             | EC               | CORP              | DK        |     38600 | NS      | $2892897.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| KBC ANCORA                                                 | KBC ANCORA                                                 | CUSIP: N/A<br>LEI: 549300I4XZ0RR3ZOSZ55       | Long             | EC               | CORP              | BE        |    863579 | NS      | $62974495.24  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEGRATED DIAGNOSTICS HLDGS PLC                           | INTEGRATED DIAGNOSTICS HOLDINGS PLC                        | CUSIP: N/A<br>LEI: 2138007JN9NUWKKTS790       | Long             | EC               | CORP              | JE        |  15331734 | NS      | $5442765.57   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DRONESHIELD LTD                                            | DRONESHIELD LTD                                            | CUSIP: N/A<br>LEI: 5299002AW8NA4BW6MU87       | Long             | EC               | CORP              | AU        |   1483347 | NS      | $3545815.40   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| RICHTER GEDEON NYRT                                        | RICHTER GEDEON NYRT                                        | CUSIP: N/A<br>LEI: 549300J6ZJW5IH4WEE46       | Long             | EC               | CORP              | HU        |    151700 | NS      | $4553341.38   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| KONINKLIJKE HEIJMANS NV                                    | KONINKLIJKE HEIJMANS NV                                    | CUSIP: N/A<br>LEI: 724500OUE3PCA809DZ79       | Long             | EC               | CORP              | NL        |    215000 | NS      | $13740048.04  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| RICHELIEU HARDWARE LTD                                     | RICHELIEU HARDWARE LTD                                     | CUSIP: 76329W103<br>LEI: 5493007VPNETW465DN04 | Long             | EC               | CORP              | CA        |   1753920 | NS      | $43885974.60  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NORCONSULT AS                                              | NORCONSULT AS                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | NO        |   1127500 | NS      | $4733041.87   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SK KAKEN CO LTD                                            | SK KAKEN CO LTD                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    496920 | NS      | $29860336.17  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| ASKUL CORP                                                 | ASKUL CORP                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     24600 | NS      | $245700.26    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| TEL AVIV STOCK EXCHANGE LTD                                | TEL AVIV STOCK EXCHANGE LTD                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |   1599457 | NS      | $30290534.93  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| WAREHOUSES DE PAUW CVA                                     | WAREHOUSES DE PAUW SCA                                     | CUSIP: N/A<br>LEI: 549300HWDYC5JXC85138       | Long             | EC               | CORP              | BE        |    138500 | NS      | $3243313.23   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SWCC CORP                                                  | SWCC CORP                                                  | CUSIP: N/A<br>LEI: 353800A7RNYOC4KL4T49       | Long             | EC               | CORP              | JP        |    132100 | NS      | $7908167.40   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| LANCASHIRE HOLDINGS LTD                                    | LANCASHIRE HOLDINGS LTD                                    | CUSIP: N/A<br>LEI: 5493002UNUYXLHOWF752       | Long             | EC               | CORP              | BM        |    661924 | NS      | $5472303.78   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EXAIL TECHNOLOGIES                                         | EXAIL TECHNOLOGIES                                         | CUSIP: N/A<br>LEI: 549300EWC06TYV07XE53       | Long             | EC               | CORP              | FR        |    142700 | NS      | $19313919.92  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| AI HOLDINGS CORP                                           | AI HOLDINGS CORP                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    376292 | NS      | $6022886.26   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| RS GROUP PLC                                               | RS GROUP PLC                                               | CUSIP: N/A<br>LEI: 549300KVXDURRKVW7R37       | Long             | EC               | CORP              | GB        |   1197500 | NS      | $8840464.15   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AS ONE CORPORATION                                         | AS ONE CORPORATION                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    299500 | NS      | $4706567.83   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| VISTRY GROUP PLC                                           | VISTRY GROUP PLC                                           | CUSIP: N/A<br>LEI: 2138001KOWN7CG9SLK53       | Long             | EC               | CORP              | GB        |    409700 | NS      | $3156604.17   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| REAL MATTERS INC                                           | REAL MATTERS INC                                           | CUSIP: 75601Y100<br>LEI: 54930038CQZBR1KZYE22 | Long             | EC               | CORP              | CA        |    950000 | NS      | $3489823.90   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ZAI LAB LTD                                                | ZAI LAB LTD                                                | CUSIP: N/A<br>LEI: 549300P2UYQ9U5LY1T58       | Long             | EC               | CORP              | KY        |    850000 | NS      | $3211354.38   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| VISIONAL INC                                               | VISIONAL INC                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    373500 | NS      | $29194823.94  | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| BURBERRY GROUP PLC                                         | BURBERRY GROUP PLC                                         | CUSIP: N/A<br>LEI: 213800PE1KEFCNFR1R50       | Long             | EC               | CORP              | GB        |    246800 | NS      | $4186442.43   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| SELVAAG BOLIG ASA                                          | SELVAAG BOLIG ASA                                          | CUSIP: N/A<br>LEI: 5967007LIEEXZXIHPK59       | Long             | EC               | CORP              | NO        |    840200 | NS      | $3006896.42   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DAIKOKUTENBUSSAN CO LTD                                    | DAIKOKUTENBUSSAN CO LTD                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    236400 | NS      | $11228818.15  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| THE SAGE GROUP PLC                                         | THE SAGE GROUP PLC                                         | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |    790000 | NS      | $12728424.74  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| YONEX CO                                                   | YONEX CO                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    315000 | NS      | $6185165.39   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| RIGAKU HOLDINGS CORP                                       | RIGAKU HOLDINGS CORP                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    750000 | NS      | $3827710.86   | 0.10%             |  |  |  | No            |                  2 | On Loan: —       |
| STEF TFE                                                   | STEF TFE                                                   | CUSIP: N/A<br>LEI: 9695008BIKG0E486UL47       | Long             | EC               | CORP              | FR        |     75000 | NS      | $11332116.03  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CAMTEK LIMITED                                             | CAMTEK LIMITED                                             | CUSIP: N/A<br>LEI: 5493000H80W07HCKGS43       | Long             | EC               | CORP              | IL        |     47804 | NS      | $4500746.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| CUSCAL LTD                                                 | CUSCAL LTD                                                 | CUSIP: N/A<br>LEI: 549300UW56DH4EXVZS92       | Long             | EC               | CORP              | AU        |   1500000 | NS      | $2953124.59   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| VALSOFT CORP                                               | VALSOFT CORP SER A-1.2 PC PP                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | CA        |       283 | NS      | $2934234.56   | 0.08%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MITANI CORP (SHOJI)                                        | MITANI CORP (MITANI SHOJI)                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    325400 | NS      | $4767095.26   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| VIDRALA SA                                                 | VIDRALA SA                                                 | CUSIP: N/A<br>LEI: 95980020140005399488       | Long             | EC               | CORP              | ES        |     35341 | NS      | $3811293.61   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TECHNO MEDICA CO LTD                                       | TECHNO MEDICA CO LTD                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    283000 | NS      | $3510279.89   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| SHO-BOND HOLDINGS CO LTD                                   | SHO-BOND HOLDINGS CO LTD                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1108800 | NS      | $35403912.27  | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| FLUIDRA SA                                                 | FLUIDRA SA                                                 | CUSIP: N/A<br>LEI: 95980020140005026620       | Long             | EC               | CORP              | ES        |    574020 | NS      | $14385372.90  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMCO CORP                                                 | SUMCO CORPORATION                                          | CUSIP: N/A<br>LEI: 353800SUSRUOM0V6KU92       | Long             | EC               | CORP              | JP        |    600000 | NS      | $4692480.67   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| RAMACO RESOURCES INC                                       | RAMACO RESOURCES INC                                       | CUSIP: 75134P600<br>LEI: 5493001BYUI4TCQOPF70 | Long             | EC               | CORP              | US        |    425000 | NS      | $8648750.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| CAIRN HOMES PLC                                            | CAIRN HOMES PLC                                            | CUSIP: N/A<br>LEI: 635400DPX6WP2KKDOA83       | Long             | EC               | CORP              | IE        |   5041234 | NS      | $12516486.72  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CLINICA BAVIERA SA                                         | CLINICA BAVIERA SA                                         | CUSIP: N/A<br>LEI: 959800CR1BA43ZK65T94       | Long             | EC               | CORP              | ES        |     94411 | NS      | $4708318.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ITURAN LOCATION and CONTROL LTD                            | ITURAN LOC AND CON LTD                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |    778735 | NS      | $30760032.50  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| FERRARI GROUP PLC                                          | FERRARI GROUP PLC                                          | CUSIP: N/A<br>LEI: 984500Y7F9EB3DRC4406       | Long             | EC               | CORP              | GB        |    450000 | NS      | $4924848.61   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CHLITINA HOLDING LTD                                       | CHLITINA HOLDING LTD                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |   2306670 | NS      | $7839658.90   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDISTIM ASA                                               | MEDISTIM ASA                                               | CUSIP: N/A<br>LEI: 5967007LIEEXZXJOX483       | Long             | EC               | CORP              | NO        |    393375 | NS      | $8294635.69   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| AUCNET INC                                                 | AUCNET INC                                                 | CUSIP: N/A<br>LEI: 2138008S9UYI8TYJ8H39       | Long             | EC               | CORP              | JP        |   1415620 | NS      | $15808490.68  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITE GROUP PLC                                            | UNITE GROUP PLC                                            | CUSIP: N/A<br>LEI: 213800BBUUWVDH9YI827       | Long             | EC               | CORP              | GB        |   2462674 | NS      | $24343693.26  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| GIFT HOLDINGS INC                                          | GIFT HOLDINGS INC                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    696900 | NS      | $16048735.33  | 0.42%             |  |  |  | No            |                  2 | On Loan: —       |
| PRONEXUS INC                                               | PRONEXUS INC                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1122177 | NS      | $8425369.34   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| PARK24 CO LTD                                              | PARK24 CO LTD                                              | CUSIP: N/A<br>LEI: 549300LFG2WZWCWM4M68       | Long             | EC               | CORP              | JP        |    600000 | NS      | $7577038.59   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| STEADFAST GROUP LTD                                        | STEADFAST GROUP LTD                                        | CUSIP: N/A<br>LEI: 9845003B6BEAA12DBD91       | Long             | EC               | CORP              | AU        |  10359645 | NS      | $39427596.57  | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| MAEDA KOSEN CO LTD                                         | MAEDA KOSEN CO LTD                                         | CUSIP: N/A<br>LEI: 353800PBX8SI9I66NP60       | Long             | EC               | CORP              | JP        |    340900 | NS      | $4300161.95   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCA GENERALI SPA                                         | BANCA GENERALI SPA                                         | CUSIP: N/A<br>LEI: 815600903231FA2E7698       | Long             | EC               | CORP              | IT        |     72400 | NS      | $4051826.05   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AUSTRIA TECHNOLOGIE and SYSTEM                             | AUSTRIA TECHNOLOGIE and SYSTEM                             | CUSIP: N/A<br>LEI: 529900EVOKN4LCCD9321       | Long             | EC               | CORP              | AT        |    150000 | NS      | $3036733.21   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| SOULBRAIN CO LTD                                           | SOULBRAIN                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     18000 | NS      | $3033944.48   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| DOMETIC GROUP AB                                           | DOMETIC GROUP AB                                           | CUSIP: N/A<br>LEI: 549300STIPMK5VSA7Y59       | Long             | EC               | CORP              | SE        |    701300 | NS      | $3559065.71   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| VZ HOLDING AG                                              | VZ HOLDING AG                                              | CUSIP: N/A<br>LEI: 529900JMJUZCFUVQ0Q82       | Long             | EC               | CORP              | CH        |     25092 | NS      | $5331953.46   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| USS CO LTD                                                 | USS CO LTD                                                 | CUSIP: N/A<br>LEI: 5299000RRQD6UZXG4W72       | Long             | EC               | CORP              | JP        |   3661400 | NS      | $39795363.42  | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SHAFTESBURY CAPITAL PLC                                    | SHAFTESBURY CAPITAL PLC                                    | CUSIP: N/A<br>LEI: 549300TTXXZ1SHUI0D54       | Long             | EC               | CORP              | GB        |   4250000 | NS      | $8879390.30   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| YAKUODO HOLDINGS CO LTD                                    | YAKUODO HOLDINGS CO LTD                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    918800 | NS      | $14023700.57  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| SAVILLS PLC                                                | SAVILLS PLC                                                | CUSIP: N/A<br>LEI: 213800WXICGMBWHTA933       | Long             | EC               | CORP              | GB        |    369600 | NS      | $4778618.85   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SURGICAL SCIENCE SWEDEN AB                                 | SURGICAL SCIENCE SWEDEN AB                                 | CUSIP: N/A<br>LEI: 549300YROAI18G6JL885       | Long             | EC               | CORP              | SE        |    190000 | NS      | $2872538.75   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JTC PLC                                                    | JTC PLC                                                    | CUSIP: N/A<br>LEI: 213800DVUG4KLF2ASK33       | Long             | EC               | CORP              | JE        |   2220000 | NS      | $27530005.86  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERMESTIC INC                                            | INTERMESTIC INC                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    300000 | NS      | $3825197.87   | 0.10%             |  |  |  | No            |                  2 | On Loan: —       |
| GAMES WORKSHOP GROUP PLC                                   | GAMES WORKSHOP GROUP CO PLC                                | CUSIP: N/A<br>LEI: 213800RP9QJQYGWHNT41       | Long             | EC               | CORP              | GB        |    326942 | NS      | $70336302.86  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AVON PROTECTION PLC                                        | AVON PROTECTION PLC                                        | CUSIP: N/A<br>LEI: 213800JM1AN62REBWA71       | Long             | EC               | CORP              | GB        |    449600 | NS      | $12558113.72  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| RUSTA AB                                                   | RUSTA AB                                                   | CUSIP: N/A<br>LEI: 549300V512S3QMRNO618       | Long             | EC               | CORP              | SE        |   1050000 | NS      | $8221518.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| IWATSUKA CONFECTIONARY CO                                  | IWATSUKA CONFECTIONARY CO                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    211600 | NS      | $4144921.44   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| SUMITOMO HEAVY INDUSTRIES LTD                              | SUMITOMO HEAVY INDUSTRIES LTD                              | CUSIP: N/A<br>LEI: 353800VSTEIRMBC3S374       | Long             | EC               | CORP              | JP        |    200000 | NS      | $4429308.69   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| KEWPIE CORP                                                | KEWPIE CORPORATION                                         | CUSIP: N/A<br>LEI: 529900LQQ53U4P4VZN24       | Long             | EC               | CORP              | JP        |    103200 | NS      | $2820242.16   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| EBARA CORP                                                 | EBARA CORP                                                 | CUSIP: N/A<br>LEI: 353800UV8U3SOMCDTI49       | Long             | EC               | CORP              | JP        |    275000 | NS      | $5021728.61   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| MONTANA AEROSPACE AG                                       | MONTANA AEROSPACE AG                                       | CUSIP: N/A<br>LEI: 506700YRG9330Q97U450       | Long             | EC               | CORP              | CH        |    120000 | NS      | $4195752.54   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADLEAF CO LTD                                           | BROADLEAF CO LTD                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   3405173 | NS      | $17194428.61  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN ELEVATOR SERVICE HOLDINGS CO LTD                     | JAPAN ELEVATOR SERVICE HOLDINGS CO LTD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1239800 | NS      | $33097110.05  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| SOFTCREATE HOLDINGS CORP                                   | SOFTCREATE HOLDINGS CORP                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    200000 | NS      | $2965474.21   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| DMG MORI CO LTD                                            | DMG MORI CO LTD                                            | CUSIP: N/A<br>LEI: 353800P4I3FIXTQV2E13       | Long             | EC               | CORP              | JP        |    174900 | NS      | $4041453.41   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| GRAINGER PLC                                               | GRAINGER PLC                                               | CUSIP: N/A<br>LEI: 2138007CEIRKZMNI2979       | Long             | EC               | CORP              | GB        |   1156700 | NS      | $3139209.49   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FUNAI SOKEN HOLDINGS INC                                   | FUNAI SOKEN HOLDINGS INC                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    455457 | NS      | $7168986.76   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN STEEL WORKS LTD                                      | JAPAN STEEL WORKS LTD                                      | CUSIP: N/A<br>LEI: 529900AWFTILIHHO0936       | Long             | EC               | CORP              | JP        |     53600 | NS      | $3305918.70   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| STABILUS SE                                                | STABILUS SE                                                | CUSIP: N/A<br>LEI: 529900JOSL94HJN4VZ28       | Long             | EC               | CORP              | DE        |    545150 | NS      | $15708660.84  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| TKH GROUP NV                                               | TKH GROUP NV DUTCH CERTIFICATE                             | CUSIP: N/A<br>LEI: 7245008G22FOV7TYYJ34       | Long             | EC               | CORP              | NL        |    117600 | NS      | $4852857.15   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MORNINGSTAR INC                                            | MORNINGSTAR INC                                            | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |     81246 | NS      | $22461269.16  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| MEITEC GROUP HOLDINGS INC                                  | MEITEC GROUP HOLDINGS INC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    144000 | NS      | $3012135.10   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BFF BANK SPA                                               | BFF BANK SPA                                               | CUSIP: N/A<br>LEI: 815600522538355AE429       | Long             | EC               | CORP              | IT        |    529000 | NS      | $6296536.78   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CIE AUTOMOTIVE SA                                          | CIE AUTOMOTIVE SA                                          | CUSIP: N/A<br>LEI: 95980020140005381252       | Long             | EC               | CORP              | ES        |    120000 | NS      | $3608474.41   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KATITAS CO LTD                                             | KATITAS CO LTD                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    200000 | NS      | $3353642.33   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| MINCON GROUP PLC                                           | MINCON GROUP PLC                                           | CUSIP: N/A<br>LEI: 635400LCBSV68KQHN886       | Long             | EC               | CORP              | IE        |   3809284 | NS      | $1608447.32   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ROTORK PLC                                                 | ROTORK PLC                                                 | CUSIP: N/A<br>LEI: 213800AH5RZIHGWRJ718       | Long             | EC               | CORP              | GB        |    782600 | NS      | $3365208.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SYSTENA CORP                                               | SYSTENA CORP                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   3000000 | NS      | $7946933.38   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| SANTEN PHARMACEUTICAL CO LTD                               | SANTEN PHARMACEUTICAL CO LTD                               | CUSIP: N/A<br>LEI: 529900TPT3I7C17MIM03       | Long             | EC               | CORP              | JP        |    400000 | NS      | $4419567.27   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| GENERALFINANCE SPA                                         | GENERALFINANCE SPA                                         | CUSIP: N/A<br>LEI: 81560028BF890B47DB98       | Long             | EC               | CORP              | IT        |    245000 | NS      | $4641260.41   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| KYORITSU MAINTENANCE CO LTD                                | KYORITSU MAINTENANCE CO LTD                                | CUSIP: N/A<br>LEI: 353800IO2MFHL1NA0986       | Long             | EC               | CORP              | JP        |    213200 | NS      | $5133047.89   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL HOTELS GROUP PLC NEW                      | INTERCONTINENTAL HL GR PLC ADR                             | CUSIP: 45857P806<br>LEI: 2138007ZFQYRUSLU3J98 | Long             | EC               | CORP              | GB        |    442800 | NS      | $51435648.00  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| PETS AT HOME GROUP PLC                                     | PETS AT HOME GROUP PLC                                     | CUSIP: N/A<br>LEI: 2138003Y9ULD24PD3J93       | Long             | EC               | CORP              | GB        |   1341900 | NS      | $4054748.39   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ROHTO PHARMACEUTICAL CO LTD                                | ROHTO PHARMACEUTICAL                                       | CUSIP: N/A<br>LEI: 353800Q1CW5OS81OUM12       | Long             | EC               | CORP              | JP        |    350000 | NS      | $4995933.67   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| JOHN MATTSON FASTIGHETSFORETAGEN AB                        | JOHN MATTSON FASTIGHETSFORETAGEN AB                        | CUSIP: N/A<br>LEI: 549300UP4ZA93HCPRZ59       | Long             | EC               | CORP              | SE        |   2434706 | NS      | $15320672.13  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| LSL PROPERTY SERVICES PLC                                  | LSL PROPERTY SERVICES PLC                                  | CUSIP: N/A<br>LEI: 213800T4VM5VR3C7S706       | Long             | EC               | CORP              | GB        |    690700 | NS      | $2709153.69   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGEAN PLC                                               | ENERGEAN PLC                                               | CUSIP: N/A<br>LEI: 549300RVMKU0CYUZBB05       | Long             | EC               | CORP              | GB        |    391300 | NS      | $4731032.52   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| AZELIS GROUP NV                                            | AZELIS GROUP NV                                            | CUSIP: N/A<br>LEI: 699400M9RRMTV264FM70       | Long             | EC               | CORP              | BE        |    533654 | NS      | $8331201.35   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BIG YELLOW GROUP PLC (THE)                                 | BIG YELLOW GROUP PLC                                       | CUSIP: N/A<br>LEI: 213800W7Q4V2ZI8LIW31       | Long             | EC               | CORP              | GB        |    450000 | NS      | $5562577.82   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| OXFORD INSTRUMENTS GROUP PLC                               | OXFORD INSTRUMENTS GROUP PLC                               | CUSIP: N/A<br>LEI: 213800J364EZD6UCE231       | Long             | EC               | CORP              | GB        |    525000 | NS      | $12591077.14  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| MORIYA TRANSPORTATION ENGINEERING and MANUFACTURING CO LTD | MORIYA TRANSPORTATION ENGINEERING and MANUFACTURING CO LTD | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    330500 | NS      | $9059499.86   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| LAGERCRANTZ GROUP AB                                       | LAGERCRANTZ GROUP AB CL B                                  | CUSIP: N/A<br>LEI: 5493002L6I4YHANEYR87       | Long             | EC               | CORP              | SE        |   4655199 | NS      | $108328455.42 | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MCJ CO LTD                                                 | MCJ CO LTD                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    734500 | NS      | $6828482.12   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ST JAMES'S PLACE PLC                                       | ST JAMES PLACE PLC                                         | CUSIP: N/A<br>LEI: 213800M993ICXOMBCP87       | Long             | EC               | CORP              | GB        |    746700 | NS      | $12903502.65  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSECO POLAND SA                                           | ASSECO POLAND SA                                           | CUSIP: N/A<br>LEI: 259400O79EWIK4XZPL40       | Long             | EC               | CORP              | PL        |     90000 | NS      | $4870381.98   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BGF RETAIL CO LTD                                          | BGF RETAIL CO LTD/NEW                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    157318 | NS      | $12665751.40  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| KANSAI ELECTRIC POWER CO INC                               | KANSAI ELECTRIC POWER CO INC                               | CUSIP: N/A<br>LEI: 353800PFUKP5ONPJNZ86       | Long             | EC               | CORP              | JP        |    280000 | NS      | $3361803.59   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| GVS SPA                                                    | GVS SPA                                                    | CUSIP: N/A<br>LEI: 81560013EACB40B52D17       | Long             | EC               | CORP              | IT        |    455600 | NS      | $2550260.19   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DEXERIALS CORP                                             | DEXERIALS CORP                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    306900 | NS      | $4437051.37   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| NIB HOLDINGS LTD                                           | NIB HOLDINGS LTD                                           | CUSIP: N/A<br>LEI: 529900SPKHL951XMJC07       | Long             | EC               | CORP              | AU        |   1204263 | NS      | $5717555.05   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| VALSOFT CORP                                               | VALSOFT CORP SER A-1.3 PC PP                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | CA        |       100 | NS      | $1036832.00   | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| KURARAY CO LTD                                             | KURARAY CO LTD                                             | CUSIP: N/A<br>LEI: 549300W9JPTOE739QZ31       | Long             | EC               | CORP              | JP        |    429900 | NS      | $5315059.43   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| AZBIL CORP                                                 | AZBIL CORPORATION                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |  10863460 | NS      | $101512576.25 | 2.65%             |  |  |  | No            |                  2 | On Loan: No      |
| EMEMORY TECHNOLOGY INC                                     | EMEMORY TECHNOLOGY INC                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    258000 | NS      | $17425783.43  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| TIMEE INC                                                  | TIMEE INC                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1788400 | NS      | $23833551.84  | 0.62%             |  |  |  | No            |                  2 | On Loan: —       |
| TOCALO CO LTD                                              | TOCALO CO LTD                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1479649 | NS      | $19799511.34  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| YAOKO CO LTD                                               | YAOKO CO LTD                                               | CUSIP: N/A<br>LEI: 353800Y2SZOLTECIV233       | Long             | EC               | CORP              | JP        |     60500 | NS      | $3915403.37   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| AREALINK CO LTD                                            | AREALINK CO LTD                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    340000 | NS      | $5710893.36   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| RHEINMETALL                                                | RHEINMETALL AG ORD                                         | CUSIP: N/A<br>LEI: 5299001OU9CSE29O6S05       | Long             | EC               | CORP              | DE        |     11800 | NS      | $23358080.61  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| KONGSBERG GRUPPEN ASA                                      | KONGSBERG GRUPPEN ASA                                      | CUSIP: N/A<br>LEI: 5967007LIEEXZXJ9HK73       | Long             | EC               | CORP              | NO        |   1049540 | NS      | $31444477.06  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| HILL and SMITH PLC                                         | HILL and SMITH PLC                                         | CUSIP: N/A<br>LEI: 2138003A3ISGQZBOWI83       | Long             | EC               | CORP              | GB        |    675514 | NS      | $18243804.25  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| LECTRA                                                     | LECTRA                                                     | CUSIP: N/A<br>LEI: 9695000KWQEBUDT6IO19       | Long             | EC               | CORP              | FR        |    599465 | NS      | $16726476.29  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| JINS HOLDINGS INC                                          | JINS HOLDINGS INC                                          | CUSIP: N/A<br>LEI: 353800IG2NOMKC105309       | Long             | EC               | CORP              | JP        |     65300 | NS      | $3462307.86   | 0.09%             |  |  |  | No            |                  2 | On Loan: —       |
| BAYCURRENT INC                                             | BAYCURRENT INC                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    199500 | NS      | $11455299.24  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| SIGMAROC PLC                                               | SIGMAROC PLC                                               | CUSIP: N/A<br>LEI: 213800Q3CJUERBGD1E44       | Long             | EC               | CORP              | GB        |  24175473 | NS      | $36844148.65  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| NIHON PARKERIZING CO LTD                                   | NIHON PARKERIZING CO LTD                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1726618 | NS      | $15750399.38  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| NORMA GROUP SE                                             | NORMA GROUP SE                                             | CUSIP: N/A<br>LEI: 5299000LM9HC76W5XD46       | Long             | EC               | CORP              | DE        |    107000 | NS      | $1902448.88   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL CONTAINER TERMINAL SVCS INC                  | INTL CONTAINER TERMINL SRV INC                             | CUSIP: N/A<br>LEI: 254900FU1MWK0I0Q4J61       | Long             | EC               | CORP              | PH        |   3170000 | NS      | $24382580.52  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| PETERSHILL PARTNERS PLC                                    | PETERSHILL PARTNERS PLC                                    | CUSIP: N/A<br>LEI: 213800HTCF8A7XM22A32       | Long             | EC               | CORP              | GB        |    772500 | NS      | $2397475.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SOFTCAT PLC                                                | SOFTCAT PLC                                                | CUSIP: N/A<br>LEI: 213800N42YZLR9GLVC42       | Long             | EC               | CORP              | GB        |    246245 | NS      | $5310572.51   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EUROPRIS ASA                                               | EUROPRIS ASA                                               | CUSIP: N/A<br>LEI: 5967007LIEEXZXGA8G28       | Long             | EC               | CORP              | NO        |    794000 | NS      | $7472525.56   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLEIMA AB                                                 | ALLEIMA AB                                                 | CUSIP: N/A<br>LEI: 529900EBHTYGLA6PGP77       | Long             | EC               | CORP              | SE        |    200000 | NS      | $1416860.33   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| KAWASAKI HEAVY INDUSTRIES LTD                              | KAWASAKI HEAVY INDUSTRIES LTD                              | CUSIP: N/A<br>LEI: 5493008FFSI8SQ74AT93       | Long             | EC               | CORP              | JP        |     56000 | NS      | $4089851.11   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| PARAMOUNT BED HOLDINGS CO LTD                              | PARAMOUNT BED HOLDINGS CO LTD                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    426612 | NS      | $6999686.13   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| AERCAP HOLDINGS NV                                         | AERCAP HOLDINGS NV                                         | CUSIP: N/A<br>LEI: 549300SZYINBBLJQU475       | Long             | EC               | CORP              | NL        |    246000 | NS      | $26383500.00  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| RELO GROUP INC                                             | RELO GROUP INC                                             | CUSIP: N/A<br>LEI: 353800T595XRZDA8IB59       | Long             | EC               | CORP              | JP        |    400000 | NS      | $4593283.98   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| DAIEI KANKYO CO LTD                                        | DAIEI KANKYO CO LTD                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    796100 | NS      | $16403970.33  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| SCOUT24 SE                                                 | SCOUT24 SE                                                 | CUSIP: N/A<br>LEI: 5493007EIKM2ENQS7U66       | Long             | EC               | CORP              | DE        |    260500 | NS      | $34900977.33  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ION BEAM APPLICATIONS SA                                   | ION BEAM APPLICATIONS SA REG                               | CUSIP: N/A<br>LEI: 5493002RVRZ1S3CPUI26       | Long             | EC               | CORP              | BE        |    170000 | NS      | $2355208.57   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| DIGITAL HEARTS HOLDINGS CO LTD                             | DIGITAL HEARTS HOLDINGS CO LTD                             | CUSIP: N/A<br>LEI: 353800YFGI3U64VW0H08       | Long             | EC               | CORP              | JP        |     99550 | NS      | $632400.08    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HOKUHOKU FINANCIAL GROUP INC                               | HOKUHOKU FINANCIAL GROUP INC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1347800 | NS      | $28468838.81  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| BALTIC CLASSIFIEDS GROUP PLC                               | BALTIC CLASSIFIEDS GROUP PLC                               | CUSIP: N/A<br>LEI: 213800I1RPHCFSSQS969       | Long             | EC               | CORP              | GB        |  11652600 | NS      | $55092642.34  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ENITY HOLDING AB                                           | ENITY HOLDING AB                                           | CUSIP: N/A<br>LEI: 636700S7UMLTDQ0BKU55       | Long             | EC               | CORP              | SE        |    630000 | NS      | $5264989.66   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MTY FOOD GROUP INC                                         | MTY FOOD GROUP INC                                         | CUSIP: 55378N107<br>LEI: 5493004BLYNZ8OWF5Z08 | Long             | EC               | CORP              | CA        |    117800 | NS      | $3282518.76   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SPECTRIS PLC                                               | SPECTRIS PLC                                               | CUSIP: N/A<br>LEI: 213800Z4CO2CZO3M3T10       | Long             | EC               | CORP              | GB        |   1658100 | NS      | $87371813.91  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIBA BANK LTD                                             | CHIBA BANK LTD                                             | CUSIP: N/A<br>LEI: FGJPAKKCTZVSKZXNBS63       | Long             | EC               | CORP              | JP        |   1601900 | NS      | $14930845.78  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| SELAMAT SEMPURNA TBK PT                                    | SELAMAT SEMPURNA TBK PT                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |  51800000 | NS      | $6238875.35   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| TERRAVEST INDUSTRIES INC                                   | TERRAVEST INDUSTRIES INC                                   | CUSIP: 88105G103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     42000 | NS      | $5174826.79   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| MARUWA CERAMIC CO LTD                                      | MARUWA CO LTD                                              | CUSIP: N/A<br>LEI: 3538009BXGIG8PFXNI29       | Long             | EC               | CORP              | JP        |     20700 | NS      | $6239345.16   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| WINGARC1ST INC                                             | WINGARC1ST INC                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    589436 | NS      | $14098157.17  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| IHI CORP                                                   | IHI CORPORATION                                            | CUSIP: N/A<br>LEI: 549300ETQIESIUQ2OE26       | Long             | EC               | CORP              | JP        |     21400 | NS      | $2383035.09   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| SPIRAX GROUP PLC                                           | SPIRAX GROUP PLC                                           | CUSIP: N/A<br>LEI: 213800WFVZQMHOZP2W17       | Long             | EC               | CORP              | GB        |     59897 | NS      | $5019083.66   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDCREST CO LTD                                           | GOLDCREST CO LTD                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1123700 | NS      | $24589039.31  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| ON THE BEACH GROUP PLC                                     | ON THE BEACH GROUP PLC                                     | CUSIP: N/A<br>LEI: 213800K51Y9BZY7F9R69       | Long             | EC               | CORP              | GB        |   1801700 | NS      | $6424420.80   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CLARKSON PLC                                               | CLARKSON PLC                                               | CUSIP: N/A<br>LEI: 2138007G6BGTEHI3OT22       | Long             | EC               | CORP              | GB        |    305634 | NS      | $13945608.03  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PREMIER FOODS PLC                                          | PREMIER FOODS PLC                                          | CUSIP: N/A<br>LEI: 213800ZD5I8XHNMCJA67       | Long             | EC               | CORP              | GB        |   2015400 | NS      | $5131638.10   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SYGNITY SA                                                 | SYGNITY SA                                                 | CUSIP: N/A<br>LEI: 259400OBBIW5Q2TITD98       | Long             | EC               | CORP              | PL        |     79616 | NS      | $2485643.15   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DAVIDE CAMPARI MILANO NV                                   | DAVIDE CAMPARI MILANO NV                                   | CUSIP: N/A<br>LEI: 213800ED5AN2J56N6Z02       | Long             | EC               | CORP              | NL        |    378900 | NS      | $2620348.13   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| TECAN GROUP AG                                             | TECAN GROUP AG                                             | CUSIP: N/A<br>LEI: 529900CSN9R3BLETSL26       | Long             | EC               | CORP              | CH        |     11910 | NS      | $2375401.66   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| LOGISTA INTEGRAL SA                                        | LOGISTA INTEGRAL SA                                        | CUSIP: N/A<br>LEI: 9598000ANNAL42UJ7X28       | Long             | EC               | CORP              | ES        |    154600 | NS      | $4897683.49   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TAKEUCHI MFG CO LTD                                        | TAKEUCHI MFG CO LTD                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    190400 | NS      | $6806055.47   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| QOL HOLDINGS CO LTD                                        | QOL HOLDINGS CO LTD                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    510000 | NS      | $6825748.82   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ADDCN TECHNOLOGY CO LTD                                    | ADDCN TECHNOLOGY CO LTD                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   3559432 | NS      | $20895113.13  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust                               | Fidelity Cash Central Fund                                 | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  64247225 | NS      | $64260074.71  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGEND BIOTECH CORP                                        | LEGEND BIOTECH CORP SPON ADR                               | CUSIP: 52490G102<br>LEI: 254900EIUFZTW136H859 | Long             | EC               | CORP              | KY        |    120000 | NS      | $4688400.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FIELMANN AG                                                | FIELMANN AG                                                | CUSIP: N/A<br>LEI: 529900BU5B7N9GE4XU15       | Long             | EC               | CORP              | DE        |    255300 | NS      | $16198968.86  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| 4IMPRINT GROUP PLC                                         | 4IMPRINT GROUP PLC                                         | CUSIP: N/A<br>LEI: 213800G95T751RN2CT94       | Long             | EC               | CORP              | GB        |     51800 | NS      | $2459327.64   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IBIDEN CO LTD                                              | IBIDEN CO LTD                                              | CUSIP: N/A<br>LEI: 52990051DBFIQEY37C91       | Long             | EC               | CORP              | JP        |    159100 | NS      | $6728521.00   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| CURVES HOLDINGS CO LTD                                     | CURVES HOLDINGS CO LTD                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   5499859 | NS      | $27162536.98  | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| ZEGONA COMMUNICATIONS PLC                                  | ZEGONA COMMUNICATIONS PLC                                  | CUSIP: N/A<br>LEI: 213800ASI1VZL2ED4S65       | Long             | EC               | CORP              | GB        |   2435000 | NS      | $28556150.91  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| IRISH RESIDENTIAL PROPERTIES REIT PLC                      | IRISH RESIDENTIAL PROPERTIES REIT PLC                      | CUSIP: N/A<br>LEI: 635400EOPACLULRENY18       | Long             | EC               | CORP              | IE        |  10949300 | NS      | $12195453.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| DCC PLC                                                    | DCC PLC                                                    | CUSIP: N/A<br>LEI: 213800UPS1QEE4TD3T45       | Long             | EC               | CORP              | IE        |    230000 | NS      | $14458476.25  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| KUSURI NO AOKI HOLDINGS CO LTD                             | KUSURI NO AOKI HOLDINGS CO LTD                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    609274 | NS      | $16217663.74  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| MONOGATARI CORPORATION (THE)                               | MONOGATARI CORPORATION (THE)                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    925488 | NS      | $24020859.44  | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| OBIC CO LTD                                                | OBIC CO LTD                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    398000 | NS      | $14169829.01  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| BERGMAN and BEVING AKTIEBOLAG                              | BERGMAN and BEVING AKTIEBOLAG                              | CUSIP: N/A<br>LEI: 549300RC0HUZSJYJO751       | Long             | EC               | CORP              | SE        |   1462554 | NS      | $47062288.74  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| KB COMPONENTS AB                                           | KB COMPONENTS AB                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SE        |    900000 | NS      | $4642848.02   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SHIBAURA MECHATRONICS CORP                                 | SHIBAURA MECHATRONICS CORP                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    171400 | NS      | $12062208.57  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| IMI PLC                                                    | IMI PLC ORD                                                | CUSIP: N/A<br>LEI: 2138002W9Q21PF751R30       | Long             | EC               | CORP              | GB        |    170800 | NS      | $5012099.20   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PASON SYSTEMS INC                                          | PASON SYSTEMS INC                                          | CUSIP: 702925108<br>LEI: 984500DC6T2FLR969F65 | Long             | EC               | CORP              | CA        |    651500 | NS      | $5496561.06   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| KYOTO FINANCIAL GROUP INC                                  | KYOTO FINANCIAL GROUP INC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    711612 | NS      | $12873587.55  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| BECHTLE AG                                                 | BECHTLE AG                                                 | CUSIP: N/A<br>LEI: 529900HA2QT774RUXW59       | Long             | EC               | CORP              | DE        |     66200 | NS      | $2887423.16   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH BOW CORP                                             | SOUTH BOW CORP                                             | CUSIP: 83671M105<br>LEI: 2549000XS5TAFA3YF943 | Long             | EC               | CORP              | CA        |    500000 | NS      | $13131495.38  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SABRE INSURANCE GROUP PLC                                  | SABRE INSURANCE GROUP PLC                                  | CUSIP: N/A<br>LEI: 2138006RXRQ8P8VKGV98       | Long             | EC               | CORP              | GB        |   1994547 | NS      | $4030170.71   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NSD CO LTD                                                 | NSD CO LTD                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1714580 | NS      | $41009510.14  | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |
| CONSUN PHARMACEUTICAL GROUP LTD                            | CONSUN PHARMACEUTICAL GROUP LTD                            | CUSIP: N/A<br>LEI: 300300LQFLNDZZHCNN43       | Long             | EC               | CORP              | KY        |   3000000 | NS      | $5262039.58   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| JM AB                                                      | JM AB                                                      | CUSIP: N/A<br>LEI: 529900X0UEM9DOM6FK12       | Long             | EC               | CORP              | SE        |    315300 | NS      | $4528557.35   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| RIGHTMOVE PLC                                              | RIGHTMOVE PLC                                              | CUSIP: N/A<br>LEI: 2138001JXGCFKBXYB828       | Long             | EC               | CORP              | GB        |   2199463 | NS      | $23778044.64  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| DP POLAND PLC                                              | DP POLAND PLC                                              | CUSIP: N/A<br>LEI: 213800LPZBU5RPY7A394       | Long             | EC               | CORP              | GB        |  42210188 | NS      | $5713850.71   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TIS INC                                                    | TIS INC                                                    | CUSIP: N/A<br>LEI: 35380064HYEZXBQHDF07       | Long             | EC               | CORP              | JP        |    829836 | NS      | $26473362.92  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| THERMADOR GROUPE SA                                        | THERMADOR HOLDINGS SA                                      | CUSIP: N/A<br>LEI: 969500SSIGMAGT008F11       | Long             | EC               | CORP              | FR        |     90600 | NS      | $8457524.52   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| IMDEX LIMITED                                              | IMDEX LIMITED                                              | CUSIP: N/A<br>LEI: 529900H31NX5KRKXB865       | Long             | EC               | CORP              | AU        |  15535232 | NS      | $30166317.24  | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| MIROKU JYOHO SERVICE CO LTD                                | MIROKU JYOHO SERVICE CO LTD                                | CUSIP: N/A<br>LEI: 3538009FEB7DY7VJDQ12       | Long             | EC               | CORP              | JP        |    518891 | NS      | $6473908.41   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| JUDGES SCIENTIFIC PLC                                      | JUDGES SCIENTIFIC PLC                                      | CUSIP: N/A<br>LEI: 2138004EXWWPTW1JOL31       | Long             | EC               | CORP              | GB        |     50000 | NS      | $3961950.01   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| CTS EVENTIM AG and CO KGAA                                 | CTS EVENTIM AG and CO KGAA                                 | CUSIP: N/A<br>LEI: 529900FDHSN08UBJII80       | Long             | EC               | CORP              | DE        |    656834 | NS      | $74395712.06  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKELEY GROUP HOLDINGS PLC                                | BERKELEY GRP HLDGS PLC                                     | CUSIP: N/A<br>LEI: 2138009OQSSLVVHQAL78       | Long             | EC               | CORP              | GB        |     64188 | NS      | $3086918.99   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| OSAKA SODA CO LTD                                          | OSAKA SODA CO LTD                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    443900 | NS      | $5405753.13   | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| BELC CO LTD                                                | BELC CO LTD                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    130000 | NS      | $6219281.88   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| M UP HOLDINGS INC                                          | M-UP INC                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1235939 | NS      | $17224961.29  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| INABA DENKI SANGYO CO LTD                                  | INABA DENKISANGYO CO LTD                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    147800 | NS      | $3875978.47   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| FAGRON                                                     | FAGRON                                                     | CUSIP: N/A<br>LEI: 549300TRKRUFK2RRG779       | Long             | EC               | CORP              | BE        |    257500 | NS      | $6391433.27   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BHG GROUP AB                                               | BHG GROUP AB                                               | CUSIP: N/A<br>LEI: 549300ZVMRRF6O85O151       | Long             | EC               | CORP              | SE        |   2241400 | NS      | $5339474.22   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BEIJER ALMA AB                                             | BEIJER ALMA AB SER B                                       | CUSIP: N/A<br>LEI: 549300HJX9BNG5055Z38       | Long             | EC               | CORP              | SE        |    263600 | NS      | $7108859.21   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDIKIT CO LTD                                             | MEDIKIT CO LTD                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    658800 | NS      | $11173065.54  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| ATHENS INTERNATIONAL AIRPORT SA                            | ATHENS INTERNATIONAL AIRPORT SA                            | CUSIP: N/A<br>LEI: 213800BC45UCMQYR4995       | Long             | EC               | CORP              | GR        |    897400 | NS      | $10241128.83  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SPAREBANK 1 SMN                                            | SPAREBANK 1 SMN                                            | CUSIP: N/A<br>LEI: 7V6Z97IO7R1SEAO84Q32       | Long             | EC               | CORP              | NO        |    304700 | NS      | $5677445.71   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSACTION CO LTD                                         | TRANSACTION CO LTD                                         | CUSIP: N/A<br>LEI: 353800P5SK25ZQ3C7789       | Long             | EC               | CORP              | JP        |    122900 | NS      | $2131758.47   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| INCHCAPE PLC                                               | INCHCAPE PLC                                               | CUSIP: N/A<br>LEI: 213800RGEH1MPPNM2T57       | Long             | EC               | CORP              | GB        |    610300 | NS      | $5658068.74   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                               | Fidelity Securities Lending Cash Central Fund              | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  20022332 | NS      | $20024334.64  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ASAHI INTECC CO LTD                                        | ASAHI INTECC CO LTD                                        | CUSIP: N/A<br>LEI: 353800J3AV2SCNIO8L39       | Long             | EC               | CORP              | JP        |    257600 | NS      | $4008794.39   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| KOTOBUKI SPIRITS CO LTD                                    | KOTOBUKI SPIRITS CO LTD                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    312900 | NS      | $4175228.80   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| PINEWOOD TECHNOLOGIES GROUP PLC                            | PINEWOOD TECHNOLOGIES GROUP PLC                            | CUSIP: N/A<br>LEI: 213800VRSPZFOGMMIS18       | Long             | EC               | CORP              | GB        |   1072306 | NS      | $6839960.66   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SAN-AI OBBLI CO LTD                                        | SAN-AI OBBLI CO LTD                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1198872 | NS      | $16160572.87  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| BEFESA SA                                                  | BEFESA SA                                                  | CUSIP: N/A<br>LEI: 222100VXGA8L6J4ZWG61       | Long             | EC               | CORP              | LU        |    140000 | NS      | $4214679.85   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PRICESMART INC                                             | PRICESMART INC                                             | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |    209112 | NS      | $22479540.00  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| SOFTWARE SERVICE INC                                       | SOFTWARE SERVICE INC                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    164100 | NS      | $14769319.95  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| ADDLIFE AB                                                 | ADDLIFE AB                                                 | CUSIP: N/A<br>LEI: 5493005T3M7CD7XWE013       | Long             | EC               | CORP              | SE        |    930523 | NS      | $16435112.67  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| IMCD NV                                                    | IMCD GROUP BV                                              | CUSIP: N/A<br>LEI: 724500NSJPNFJPDAUP02       | Long             | EC               | CORP              | NL        |    110929 | NS      | $12193358.31  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HOWDEN JOINERY GROUP PLC                                   | HOWDEN JOINERY GROUP PLC                                   | CUSIP: N/A<br>LEI: 213800KC1LJOJTY3JP45       | Long             | EC               | CORP              | GB        |   5622682 | NS      | $65345236.07  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| VAN LANSCHOT KEMPEN NV                                     | VAN LANSCHOT KEMPEN NV                                     | CUSIP: N/A<br>LEI: 724500D8WOYCL1BUCB80       | Long             | EC               | CORP              | NL        |    244930 | NS      | $16016158.89  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ARTNATURE INC                                              | ARTNATURE INC                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1124900 | NS      | $5973745.45   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| LAURENT PERRIER GROUP                                      | LAURENT PERRIER GROUP                                      | CUSIP: N/A<br>LEI: 96950036OIHAEGNGJ871       | Long             | EC               | CORP              | FR        |     97649 | NS      | $10564231.31  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| JD WETHERSPOON PLC                                         | WETHERSPOON (JD) PLC                                       | CUSIP: N/A<br>LEI: 213800CHWARFAAN7UB85       | Long             | EC               | CORP              | GB        |    237500 | NS      | $2361817.45   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLOUREC SA                                               | VALLOUREC SA                                               | CUSIP: N/A<br>LEI: 969500P2Q1B47H4MCJ34       | Long             | EC               | CORP              | FR        |    594300 | NS      | $11112555.43  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MITSUBOSHI BELTING LTD                                     | MITSUBOSHI BELTING LTD                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    272952 | NS      | $6501805.04   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| M3 INC                                                     | M3 INC                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    200000 | NS      | $2459760.09   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ARGAN SA                                                   | ARGAN                                                      | CUSIP: N/A<br>LEI: 529900FXM41XSCUSGH04       | Long             | EC               | CORP              | FR        |     45000 | NS      | $3384228.61   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERPUMP GROUP SPA                                        | INTERPUMP GROUP SPA                                        | CUSIP: N/A<br>LEI: 815600C79D0F31F4D395       | Long             | EC               | CORP              | IT        |   1926137 | NS      | $79043947.51  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL STORAGE REIT                                      | NATIONAL STORAGE REIT STAPLED                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   6250000 | NS      | $9583504.00   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| DOVALUE SPA                                                | DOVALUE SPA                                                | CUSIP: N/A<br>LEI: 8156007AF7DB5FE05555       | Long             | EC               | CORP              | IT        |   2973714 | NS      | $8870876.75   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| ELIS SA                                                    | ELIS SA                                                    | CUSIP: N/A<br>LEI: 969500UX71LCE8MAY492       | Long             | EC               | CORP              | FR        |    420000 | NS      | $11618328.99  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NS TOOL CO LTD                                             | NS TOOL CO LTD                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1444000 | NS      | $7420314.51   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| VALSOFT CORP                                               | VALSOFT CORP SER A-1.4 PC PP                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | CA        |       130 | NS      | $1347881.60   | 0.04%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HAMAMATSU PHOTONICS KK                                     | HAMAMATSU PHOTONICS                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    250000 | NS      | $3051273.23   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| ADDTECH AB                                                 | ADDTECH AB CL B                                            | CUSIP: N/A<br>LEI: 549300QZ5U2IDRHPWL60       | Long             | EC               | CORP              | SE        |   3057896 | NS      | $103083043.13 | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| PRESTIGE INTERNATIONAL INC                                 | PRESTIGE INTERNATIONAL INC                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1089100 | NS      | $4738307.19   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| WIZZ AIR HOLDINGS PLC                                      | WIZZ AIR HOLDINGS PLC                                      | CUSIP: N/A<br>LEI: 213800COXGZCORLJZA85       | Long             | EC               | CORP              | JE        |    120000 | NS      | $1996822.81   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BETSSON AB                                                 | BETSSON AB CL B                                            | CUSIP: N/A<br>LEI: 549300W61XW8OFGBG077       | Long             | EC               | CORP              | SE        |    450000 | NS      | $7635416.40   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| OR ROYALTIES INC                                           | OR ROYALTIES INC                                           | CUSIP: 68390D106<br>LEI: 549300TJZTXZMPQ6K004 | Long             | EC               | CORP              | CA        |   1534700 | NS      | $42509949.48  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BODYCOTE PLC                                               | BODYCOTE PLC                                               | CUSIP: N/A<br>LEI: 213800V93QFW53NB7Y29       | Long             | EC               | CORP              | GB        |   5504561 | NS      | $46270994.52  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| APOTEA SVERIGE AB                                          | APOTEA SVERIGE AB                                          | CUSIP: N/A<br>LEI: 6367005D3D7BO6FIEV09       | Long             | EC               | CORP              | SE        |    750000 | NS      | $8773910.16   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| NEINOR HOMES SLU                                           | NEINOR HOMES SLU                                           | CUSIP: N/A<br>LEI: 959800FW4JL65YWSQ217       | Long             | EC               | CORP              | ES        |    152500 | NS      | $2972483.65   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBALDATA PLC                                             | GLOBALDATA PLC                                             | CUSIP: N/A<br>LEI: 2138005I669UO6PJXM24       | Long             | EC               | CORP              | GB        |   2200000 | NS      | $4111183.46   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| VETOQUINOL SA                                              | VETOQUINOL SA                                              | CUSIP: N/A<br>LEI: 969500YP0AETQIK48R39       | Long             | EC               | CORP              | FR        |    263180 | NS      | $23186326.50  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| DIPLOMA PLC                                                | DIPLOMA PLC                                                | CUSIP: N/A<br>LEI: 2138008OGI7VYG8FGR19       | Long             | EC               | CORP              | GB        |    503800 | NS      | $35795478.80  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTO1 GROUP SE                                             | AUTO1 GROUP SE                                             | CUSIP: N/A<br>LEI: 391200S2LPXG5ZD5G304       | Long             | EC               | CORP              | DE        |   1292100 | NS      | $39075429.89  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LISI                                                       | LISI                                                       | CUSIP: N/A<br>LEI: 969500UU4O58BR802Y55       | Long             | EC               | CORP              | FR        |    491088 | NS      | $26564364.32  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| WHITEHAVEN COAL LTD                                        | WHITEHAVEN COAL LTD                                        | CUSIP: N/A<br>LEI: 529900WCZ4I6ZO3RRP86       | Long             | EC               | CORP              | AU        |   2425000 | NS      | $9945653.64   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| MAISONS DU MONDE SA                                        | MAISONS DU MONDE SA                                        | CUSIP: N/A<br>LEI: 9695009DV2698O4ZBU71       | Long             | EC               | CORP              | FR        |    259100 | NS      | $654942.10    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KATO SANGYO CO LTD                                         | KATO SANGYO CO LTD                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    110000 | NS      | $4175300.30   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| HACHIJUNI BK LTD                                           | HACHIJUNI BANK LTD                                         | CUSIP: N/A<br>LEI: FE70I3MHDCWOZWK19W48       | Long             | EC               | CORP              | JP        |   1980100 | NS      | $17814276.01  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| CTS CO LTD                                                 | CTS CO LTD                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    500000 | NS      | $2895121.81   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| CENTRAL AUTOMOTIVE PRODUCTS LTD                            | CENTRAL AUTOMOTIVE PRODS LTD                               | CUSIP: N/A<br>LEI: 353800X9460YZVHWB065       | Long             | EC               | CORP              | JP        |    692337 | NS      | $8840213.01   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| AALBERTS NV                                                | AALBERTS NV                                                | CUSIP: N/A<br>LEI: 549300EMP9DT6Q35HZ31       | Long             | EC               | CORP              | NL        |   2149335 | NS      | $69071442.42  | 1.81%             |  |  |  | No            |                  1 | On Loan: —       |
| AUTOLIV INC                                                | AUTOLIV INC                                                | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Long             | EC               | CORP              | US        |    160900 | NS      | $17948395.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer